And keep in mind, if you have too much debt, or otherwise just can't qualify for what you need, you could always partner with someone that maybe can qualify for more, but doesn't have the money.

Or if we stop paying extra, we can save up $XX,XXX for a down payment in 18 months.Whether you pay down student debt or invest in rental properties, the first step is taking control of your finances.

I know where the husband and wife works, however on the forms to garnish wages it asks for the current location of debtor, which I don't know.

Record the judgment obtained in State A among the land records of the county in which judgment debtor resides in State B.

I do this: 5% income to Roth 401k (5% company match)10% to Roth IRA20% Saving for the next down-payment(s) (real estate)10% Self Directed investments (Syndicating/Crowdfunding/dividend growth investing stocks, etc.)30% Living expenses (everyday bills) (No housing costs/ no consumer debt)5% Saving for miscellaneous expenses (things like oil changes, snow tires, etc)10% Saving for large purchases (next vehicle, vacations)5% Unallocated / Charitable givingThis works for me because I have no consumer debt or student loans, and my Emergency fund is already funded.

Hi Nicolae,     Leverage would typically be a bank loan or perhaps some other form of debt or equity.

I have no credit card debt or auto debt.  

Are you comfortable with the concept of being in debt or not?

The answer is yes you can and I have done this as well to buy one of my fourplexes I did a cash out refinance on my acura to get part of the down payment capital.These funds are considered secured debt (backed by the pink slip on your car) so you can use them in a lending transaction.The key distinction with secured debt versus other debt or unsecured loans (backed by nothing but verbal/signature/ you/ etc) you can use them as permissible funds for down payment or closing costs while the later you cannot unless you season them in your account for 1-2 months minimum so it becomes a timing and planning issue (unsecured loan/debt).Also the other thing to consider is how this car loan will affect your debt to income or DTI.

Tough to do as lot of buyers are in the same spot and will take less return to live headache free.If you take on debt or have  more cash to put down then NNN options open up.