I have about 25k in cash available. I also have about 45k in non-real estate debt. Credit cards, car loan. I really want to refinance my current residence to get it rented and look to buy a new home. Both the refinance and new loan get held up by my debt to income due to the bad debt. The question is, should I dump all the cash into those debts, hold on to it, or look to invest it? A little back ground. I'm active duty Army, own two rentals and a primary residence.
