Property manager/ real estate agent. 1st time buyer

[Brian Barcelona]

So check it out guys. 

IK

I'm 23 yo and I've been saving and saving and working/working to try and save enough to qualify for an FHA in order to purchase a home.

I make 45k annually and I have around 20k saved u. I recently paid off 60% of my car (I didn't want to pay off the whole thing because I felt it would harm my credit.) leaving me with a principal amount of around 4k. Thats my only debt.

My credit is about 600, So i beat the 580 minimum. Should I wait until its higher before applying for a loan to get better interest or should I take the money I have now and start considering purchasing? I know that I will never have the 'Perfect' opportunity; so i'm not sure if its time to buy. As much research as I've been doing im beginning to feel I have paralysis by analysis.