What are my options?

[Marvin Eason]

Ok, I am going to put my business out there in order to paint a clear picture in hopes of some good responses.

My situation: I would be considered a 1st time home buyer. My credit is poor (Experian:519, Equifax: 554, Trans: 565) There's a big ding on my credit that shows I owe around 7900 but is no longer true. It should be 0.00, I called and they said they would report it to the credit bureaus).

I just started my new job and would rather purchase a condo near where I work (zip code 53717) preferably 2bedrooms, 1bath. I don't have a down payment but am eligible to use my VA Home Loan because I am a veteran.

I make about $32000 a year plus 1325.00 a month from my GI bill for going to college. I will be receiving around 9600.00 by the end of this month, and would like to use that to either pay off all what's due on my credit report, and get a used car.

Or help towards purchasing a condo. But I am seriously overwhelmed, want to get started with this to take advantage of the tax credit. Any advice is well appreciated.

Thanks!