My pickle... trying to work things out...

So we moved to this house last year, we had every intention of actually purchasing it from the man that currently holds the title.

Then we had some financial difficulties and my credit went into the crapper. Shawn's was always there so that didn't change, although, his is more easily fixable at this point.

Then came Janai who was supposed to be temporary and now will be permanent. A surprise adoption, that I didn't know could even happen!

Then came Eliza, the sweet, who was unplanned, but completely wanted.

So our family situation has changed as well. A family of 4 became a family of 6 in a year's time. (We are actually a family of 7, because of Emerald!)

Anyway, so now not only doesn't the house suit our needs, but at the same time, we have some serious issues that can only be fixed with money... and time. The man who holds the title (R), had us sign an agreement that we would secure a mortgage by December, that isn't happening. If we pay off Shawn's debts, and wait a year, we will be eligible for a FHA loan. There is no good reason for us to try for a mortgage earlier than that. We would save thousands doing it this way. We would save money the down payment. So we could stay here longer if R would let us, but, it would cost us more. When we extended our contract for 6 more months, he raised our "rent" by $400 a month. This has been really trying for us. I am working my ass off for nothing, we can't do anything fun EVER... I can barely afford food right now, and I am good with money.

Honestly, my plan currently is: Move to rental. Wait for credit problems to clear up. Secure mortgage on new house. Move in there. 18 month-2 year plan.

So the upsides are:

-More money each month.
-Possibly more space.
-House better suited.
-Closer to preschooling with bussing.
-Less stress.
-Will be able to get both our credit situations back on track.
-We aren't tied to a mortgage yet, so we don't have to SELL our existing property to move.

Downsides:

-Have to move.
-Will be breaking the contract with R.
-Open a new daycare license again (but still have the same kids, so it might be a wash)
-Will lose money we put down here.

Does anyone have anything to add that I am not thinking about? I hesitate to make decisions because I don't have a good sounding board for my concerns. Shawn isn't exactly the thinking it out type. He thinks of one thing, and decides based on... whatever criteria...

Right now, I am wishing we never had moved out of our trailer... not that it matters, it didn't fit us either, but now we have a whole extra move in here that we didn't need. Although, some good might have come from it, not really sure what that is... but yeah..