Asked by Christopher, Little Elm, TX • Sat Jan 12, 2008
ft. and only lived in 8 months. The list price is 110k but I would like to purchase at 100k. My main question is, I want to put down 10% and then rent it out for a 3 yrs. then sell. My average credit score is 605. What type of loan and how hard would it be to get one. I also have a primary home that I bought 7 months ago and put down 25%. Also, the home that I would like to buy appraises at 137K. It would be great if you could lead me in the right direction with this. I also have a cushion after down payment of about 7k in savings. Sorry this was so long and jumbled!
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