But as for the money, the best I have seen is 25% down for a conventional or 20% down on private lender.
If it were me, I would chop that 200k home to a 80k home for now, save that cash, and flip low income properties until you can buy that 200k dream with 150k cash.
PS - is your company hiring? I am a specialty contractor looking for a career change.
Diamonds Real Estate Inc.
"Search SW Florida Real Estate like an Agent!"
When you get seripous and are not just looking, I will be happy to go to work for you to take the next step.
Just e-mail me when yuor ready.
The other alternative is homes for sale with owner financing to get you from now until then and then you refinance.
Southern Premier Realty
Excellent! You are in a great position. Contact Janie Wilder at 239-464-4578. This Florida lender will tell you everything that will be required to pull your plan together. I would love to work with you all when you are ready to start your home shopping. Until then please use the web link below to start your search. You will have access to the FL Gulf Coast MLS and my daily reports and updates for all your favorites. Happy to help you get a fresh start.
Sarah Garrett, Realtor
ALLIANCE REALTY GROUP
"Chosen Best in Client Satisfaction 2006-2011" by Gulfshore Life Magazine
Web link for MLS access:
If I may be of assistance, feel free to contact me at any time; I wish you the best of luck with your search.
Priceless Realty Tony Price & Associates, Inc.
Good luck and I look forward to hearing from you!
Century 21 Birchwood Realty Inc.
Let me know if you would like some local lenders that are experienced with credit challenges.