I would suggest finding a home that you can pay cash for, then your income could be spent on day to day and monthly expences. There are several homes in the Merrillville area that you could purchase for $80,000 or lower. Whatever home your looking at, check to see what the taxes are, call NIPSCO to get an idea on what the monthly bills are, so you can make an informed decision.
If you have other questions or need assistance, feel free to call or email me!
Some houses are not able to get any kind of financing depending on its condition. If the house qualifies for a mortgage, I would definitely find a qualified loan officer that will answer your questions on financing a home. I can forward you the name of a few good ones or you can contact your bank and talk to the in-house mortgage consultant. If you'd like more information please call me at 219-588-9494 or email me at olga@DDRE.org Hope this helps!
IN & IL Realtor
DOUBLE DIAMOND REAL ESTATE LLC