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Updated over 6 years ago, 07/31/2018

User Stats

140
Posts
53
Votes
Doug Phillips
  • Realtor
  • Cincinnati, OH
53
Votes |
140
Posts

New car, hard to get conventional loan for first time home?

Doug Phillips
  • Realtor
  • Cincinnati, OH
Posted

Hi all,

My girlfriend and I just got a new car- she makes the payments and we put it in my name due to my pretty good credit (hers is currently pretty bad). My question is: My dad freaked out when we bought it because he doesn't think now I'll be able to buy a home the conventional way until this car loan is paid off. What do you all think? We're currently renting but do want our own house eventually, maybe a house hack or BRRRR I've been reading about? I've never bought a new car (and obviously home) and right now my dad is causing me a great deal of anxiety, love your opinions.

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