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Updated about 6 years ago on . Most recent reply

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Ramir Rochester-Cottle
  • Philadelphia, PA
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Most Popular Reply

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485
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Maurice D.
  • Coppell, TX
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Maurice D.
  • Coppell, TX
Replied

need more context.  but let's assume you have bad credit, debts, and are renting.

with that, you should work on

1) getting your score up to 580 (if below)

2) look for a house hack / FHA at 3.5%

3) Save for that 3.5%

Once you get situated on that house hack and stop renting, work on your score more until 640.

All the while, you need to examine why the bad credit, reduce the debt (second job if need be), and clean house with the finances.  this means don't eat out as much, cancel gym subcriptions etc (drop your spend).  most importantly put everything on AUTOPAY so there are no more lates.

Now, not all of the above my apply to you, but I had no context so it's generic.  

do you have a car?  you can make some $$ this season / Amazon delivery etc  it's crunch time to get out of debt.

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