im 20 years old, in college, and i want to buy a house but have no...

[nailer]

...credit? im still in school and ilive with my parents..i make about 700-800 a month...i dont spend alot because im saving it all for future purposes..how do i go about owning my own home at this age?

[AtiaoftheJulii]

Continue saving. You need at least a 10% down payment on any house you purchase. I would continue to live with my parents and save..save..and save...

[Joseph C]

You don't need credit. Go to the free forum on creonline and obtain a weatlth of great information!Do NOT listen to the first answer or any of these naysayers. THEY DON'T KNOW WHAT THEY'RE TALKING ABOUT AND THERE ARE ALL SORTS OF CREATIVE FINANCING THAT YOU CAN DO.For example, lease options, land sale contracts, owner will carry and many others.Please, Yahoo board monitor, do us a favor and get these other answers off of here. They make me sick to look at!