This is not a one size fits all answer, but bad debt is non-asset based or depreciating assets - , credit cards, medical, buying dumb stuff.Good debt is debt used to make or grow your portfolio. 

Hope your investing journey is beyond your wildest dreams!

Our dream is to have a homestead with 1-2 acres. 

Unfortunately, I canceled about a month in when I realized the scam.I signed the contract in good faith and tried to dispute it with my credit card company, but they lied to the credit card company, showing them only the first contract I signed.

Quote from @David Ojo: Hey @Emmanuel Ola, you can get up to $90k in 0% business credit cards for 12 months.

I haven't spoken to the county yet, but will make that phone call today.As far as financing -- I was leaning more towards getting a business line of credit or using a business credit card and rolling it over to interest free cards.

One powerful method is leveraging business credit cards to purchase and renovate properties at 0% interest and zero down payment.

I'm terrified of doing all this research, finding a "dream" property, only for it to fail and negative cash flow. 

For now, my immediate goal is to pay off all of my credit card debt (should be accomplished by February 1.), and continue to educate myself on NOI, Cap rate, cash-on -cash return etc.BP community, I am open-minded, willing to take initiative, always willing to be taught something new, but also ready to share any experience or knowledge I have that can help someone else. 

All this does is report their payments to the credit bureaus like how your credit cards or car loan company reports payments to the bureaus.