[Carrie R]

purchase? 5 years ago I bought a large old house, rather cheap, fixed it up. It is now worth more than double what I paid. I listed it for sale when everything with the economy went downhill. I would like to move to a nicer area, 4 hours away where there is stable teaching jobs. I have seen a lot of affordable houses. Here is the problem, I need to buy something with hardly any money down. I will have a new job so no 2 year work history. Is it possible with a credit score in the low 600's to get a sub-prime mortgage? Would it help if I had documentation that the house I have now would bring an extra income of $800 a month rented out? Can I get a pusbprime for a fixer upper, extra cash to fix it up etc? I am only considering this route because rent to own is too much money.