Don't know if this thread is still active or not, but I got a question. I'm a college sophomore (20 years young), looking to buy a house to live in with other roommates who are charged rent. I found a 5 bedroom house for $69,000 list (probably could get cheaper), I can get roughly $220 per person (times four = $880 per month). Now between that and maybe a few dollars the mortage wouldn't be a problem at all. However, the problem lies in that the only credit I have is a credit card I've had for a year (pay it off in full every month). I also made $6,000 in 2003. Due to scholarships and financial aide my school is completely covered including room and board. If I move off campus I'll receive roughly $2300 a semester, or $4600 a year for living expenses. What I'm getting at is that I know I can afford the mortage if I could get one. However, it seems like I have everything going against me as far as getting one. Any ideas? Thanks.
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