I had a co-worker who needed help navigating the VAloan process. I told him to buy a house him and his wife could afford if one of them lost their jobs.
Care to guess where this is going?
Yep. She lost her job. They were instantly struggling. They had to sell their one paid off car, and she got a job at Hooters.
It was 3 months before she found a job. While it was better than Hooters, it paid less than her previous job.