@Sheila Campbell I see both sides of what everybody is saying. I know you want to get out there now and get yourself a property but you’ve got to make sure it cash flows after taxes, vacancies, repairs, etc. Why folks are saying that you need to have some additional funds put away is so when (not if) something goes wrong in the property you don’t wind up in a worse financial crisis. Things break and renters break things all the time. So yes do it, but remember that building wealth takes time. I can tell you’re driven so have all of your ducks in a row before you put your name on a contract. Buying property is a long game. It’s not going to save you from the debt that your husband put you in for years to come and as an investor who wasn’t prepared the first time I invested I found out the hard way that going into a deal without reserves is very stressful. There are a lot of good suggestions here on how to partner with someone else to get started. I would highly recommend that.
