Posted by Brad Crouch on May 01, 1999 at 12:28:36:
You’re probably not going to like this, but it sounds like you need to hear it.
If you have a place to live, for free . . . you should consider staying there as long as you can.
There is a school of thought that fulfilling the American dream by buying a house is the “ultimate” goal. However, to put yourself under the pressures of home ownership at this point, may not be the best thing for you.
Simply put, you don’t have enough money or income to successfully pull this one off. At this point.
I would suggest that you learn all you can about real estate investing, and start out with “wholesale flips”. This doesn’t take lots of money, only education.
If you apply yourself, you could probably be out of your current situation within a few months. Read all you can on this site by Jackie Lang and Scott Britton. Also Ron LeGrand.
Keep us posted on your progress.