Asked by alessie04, Denver, CO • Fri May 10, 2013
I have $100k in cash to buy a house. I can't qualify for a mortgage because I am a full time student with technically "no income". I have a family of contractors who can fix pretty much anything, so I am not too worried about condition. I would like to be in these areas : Littleton, Morrison (my fav but least likely to happen), Lakewood, Arvada, Wheat Ridge, and Englewood. My minimum requirement would be a 2 bedroom townhouse, but a single family would be my ideal property. I am also 100% on board with a short sale/foreclosure.
Am I completely naive to think I can acquire a property with these circumstances?? I keep searching Zillow, Trulia, and Realtor and there is nada! Where do I need to be looking for short sales? Am I just stuck until I can qualify for a mortgage (another 2 years down the road)?
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