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Lease

I have found a home that I would like its been on the market for about a year and right now I have a couple of credit issues so I dont think I can purchase for about 3-6 mths but I dont want to lose this home its a good price completely renovated and in a great negiborhood. Do you know and investor that would purchase the home and let me lease it from them for 3-6 mths or some mortgage company that will finance me with a very low credit score,,Home is for sale for 127500 but worth 160000 and I can pull 5000 out my 401k to put down on home or lease....Please help my lease will be up in 2 mths...I spoken with owner he dont want to do a lease agreement
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September 30 2011 - Valley
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The $5,000 you have would largely be eaten up in closing costs. And if you have poor credit, the few lenders that would give you money would require a substantial down payment at a high rate of interest.

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September 30 2011
 
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