Your credit score only dictates whether you can get a loan & then maybe the terms available to you. If you can qualify for the loan & have the required cash (3.5% down required for FHA), the seller can contribute to your closing costs in some cases. If you can qualify at all, there's no real difference in buying a townhome, duplex, or single-family house........just the price. If there is HOA, you'd want to figure in those costs. I'm finding more buyers who want to buy & can qualify, but not for enough to buy a single-family home to start. Duplex or townhomes are a great fix for that. I believe this is certainly worth considering, depending on what you really need & for what price point.
I would be happy to help when you're ready. It's always a good idea to work with a good lender in advance since they will be able to advise you better on cleaning up your credit & raising your credit score. We can set up a personal search linked directly to the MLS for you to watch the market & be ready when the time is right. I'd be happy to help!
Please call me direct to discuss the details.
Scott Davidson Realtors