Asked by Jguy, New York, NY • Fri Feb 6, 2009
401k/Roth IRA, credit score of 610 middle among the 3 bureaus. I am trying for a $60 -100k loan. I make 13k/month gross not including bonus, I owe 100k in student loans and maybe 2k in credit cards. The property I am interested in a duplex for investment purposes only in Florida. Do I stand a chance? From what I have been reading it seems its harder for people more financially sound than I am to get credit. Should I sit this out and save more money or can I go ahead and fight for the homes I have been eyeing?
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