Yep, Deb is right...most credit-based offers nowadays are based on having a score of 700 or higher. There are some banks that specialize in helping people with lower credit scores obtain financing, but generally at a significantly higher rate. You'd be best to find a good credit counselor who can help walk you through all the things you need to do to get your combined credit to 700. It will only take about a year, provided the numbers you list are accurate.... more
Unfortunately, Kevin is right about the difficulties of financing an investment property. Honestly, you'd probably be better off to save up for 4 or 5 years and then either buy a place in cash, or get preapproved with 20+% down with a normal loan.
Beautiful house in Carlisle, MA that unfortunately has expired from the market. If you are still interested please feel free to contact us and we might be able to convince the seller to let us take a look and sell the property.
Here is every other active property on the market in Carlisle: