Would this be a homestead property? If your wife is employed you can combine both incomes. You can also get a FHA loan and put down 3.5 percent, considering your debt to income ratio is above 55 percent or so. "Hard money" is not cheap, high interest rates, and in most cases 50 percent down.
But there is good news. As Jennifer stated she is correct, there's plenty of seller financing to Take advantage of. Just Have your realtor do some homework, make some phone calls and they will find something nice for you.
Douglas Elliman Real Estate
I'm sorry to hear that you had your identity stolen...terrible! I work with a hardmoney lender...and he will tell you what you will be able to get and cannot get:
My suggestion is to find a Realtor who can serach your criteria for owner financing.
Linda S. Cefalu
Give me a call. Let me know a little more about what you want to have in a home. I'll do the research and find you some homes with owner financing. As the market has changed over the last 3 years I'm see more homeowners/sellers saying they will give owner financing.
Regency Realty Services