Of course the buyer still had to qualify otherwise (income, credit score, etc) but again this was mostly pre-recession so who knows.

After buying a home or property does your credit score drop significaly?

You or your spouse may even choose to become a real estate agent yourself to gain access to the incredible tools that agents have.

I recently finished a book entitled 'The Big Score: Getting it and Keeping It, Buying Power For Life' by Linda Ferrari that has good strategies and helpful tips for correcting credit report errors, as well as a lot of other good information.

However, if i put 20% down, then I will be making some money.I agree that the $450k is a lot of money for a condo, but knowing this area, it sounds like a great deal for a 2 BR/1 BA condo where usually most of the 2 BRs are going for more than $500k.As for me getting a mortgage, I have a great credit score, and I am thinking about going in with another person who doesn't have any mortgage under their name, and their credit score is excellent too.  

after first house im sure your credit score doesnt apply to buying a second house?

I first started out with a 680 credit score when I approached my loan officer (at Suntrust) back in March and he gave me a 3.75% interest rate, I'm still looking for a property up to now and my credit score had jumped up to 736 so I asked him if he's able to get me a lower interest rate since it's been a few months and my score had jumped up.

Your rents must be incredibly low compared to the market for you to get such a number.

Since i'm in college i have debt and a rather low credit score.

This scores another one for Bigger Pockets in my book.