I have access to some sellers who may carry paper.If you want more info feel free to contact me
But I have a concern for people with bad credit - why do you have bad credit? Have you had problems paying your bills on time, or do you owe 'way more money than you can pay back in a reasonable time? And if so, then why would you take on a thirty-year commitment to pay back more money?
I like my clients to rehab their credit before they buy a home, the same way that you'd rehab an ankle injury before running in a fund-raiser. As you wouldn't put any weight on the ankle right away, don't add any debt for a while. Get into the habit of paying down the debt, getting current on some of the delinquencies, getting that credit score up into the sixes and when you've accomplished that, ask - why not go for the sevens?
That's when you should buy a home. Not when your credit is dinged and you've got a mountain of debt already.
That's my thought, I wish you well.
You should go to HUD.GOV
They have resources for buyers, and may be able to get you in contact with credit consultants who can advise you on how to increase your credit scores.
Best of luck to you.
Kawain Payne, Realtor