First off, I think it’s awesome of you to include your wife in this decision. I understand you plan to use her credit so you might not have a choice but to get her on board, although you could just as easily disregard her feelings and continue on your own. My husband and I were in a similar situation — he was eager to get started with real estate, we were finally in a position to do it, and it made me nervous. I was taught that saving money should be the goal, debt is bad, don’t buy things unless you can pay cash, and not to take risks because “you never know”. Super long story short, I came around to the idea pretty quickly, got into the mortgage business myself and we currently have 7 doors and plan to continue investing. We invest locally here in Ohio and it’s definitely a landlord-friendly state with deals to be had. Seeing the numbers in front of me and having a well-discussed, well-thought out plan helped put my mind at ease and I’d definitely be kicking myself if we hadn’t made the jump.
