ANSWERS: 3
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I would suggest waiting a couple months for the housing market to hit an all time low and then look for an affordable place...I'm not an expert though.
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You can't afford it if you can't save. Start saving.
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If I were you, I would pay down your credit debt, live frugally, and save as much as you can. I don't think you are at a point where you are ready for home ownership.
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