Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 11 years ago,
Just starting out... how do you handle spouses fears?
Hi Everyone,
I've been interested in real estate investing for a while now. It's taken a long time to get my credit straight and debts paid down. I'm still working on build cash reserves for down payments etc. (very low and taking forever to build) I know I can find the money as long as the deal is right and there are creative was of using what I have (ex. HELOC, turning over traditional 401k to SDIRA), but my question is how do you handle doing anything when your spouse has nothing to do with real estate, does not want to learn anything about real estate, and is fearful you will be putting the both of you into unrecoverable debt? I know this is a great time to jump in and take that risk, but I don't want to knowing my wifes fears. I know there are no guarantees in life, but I want to make her coomfortable enough that I can get started building our wealth and get her to at least comprehend what I'm doing to calm here fears. Any feedback would greatly be appreciated.