Being a single parent can be challenging and as a result, many parents consider renting over getting a mortgage on their own. Still, buying new is a smart investment. It allows you to build equity and give your kids a sense of security and a permit place to call home.
As a single parent trying to find a home that meets your needs and budget, one of your first considerations is likely what type of housing will work best for your needs. While a single-family home is the traditional choice, it comes with a great deal of maintenance requirements and it may be over what you're comfortable spending.