<prompt> Human: Trying to keep short, but since my divorce I have been living with parents to reduce COL and reduce debt. Just a couple months ago I was on the house hunt and to my surprise was denied a small130k home loan. So I stopped looking. I just found out that my father is most likely going to get a job offer in another state and take it. So now I have a month or two to secure residence. Renting is my very last option. Home ownership is a necessity for the life style I intend to lead.I have the option of buying my parents house, but the recent loan denial makes that seem unlikely. The current mortgage leaves a payment out of my range15 year refi so taking over payments is difficultnear impossible without someone to share the load.Should I start hitting up all financial institutions and apply for loans?Would using the approx 20k in my old 401k be wise for down payment opposed to rolling into another retirement account which I was about to do.Info about me and credit profile; about 50kyr, 1 missed payment across 3 accounts in 2-3 years, bankruptcy about 6 yrs ago, total debt about 4k of 7k available credit, monthly expenses about 800bills, gas, food, etcEdits for more information based on comments;The debt is a recent occurrence from back to back car repairs and not a normal occurrence. My emergency fun was consumed during a career change which is why the debt from car repairs exist. A year prior I was preapproved for a170k loan on a slightly higher salary. My salary is median for the area I live which has a very low COL. FHA and 0-down loans trump 20 down in my opinion. The sale price of my parents will be about 60-70k on a 120-130k home. Mortgage on a 30yr will be leaving than 600mth. Rentals and apartments in the area start at 600 and quickly rise to 1200. To accommodate my daughter and me in a rental will probably be 1kmth. Mortgage, power, water, gas for my parents home will cost about the same, most likely less as the avg monthly bills are calculated on 4 adults. If I get the house, my brother will probably love with me reducing my overall cost of ownership for the short term. There would also be one extra room I could rent to a friend of need be.  <response>: Man you really should rent. Sorry but youre not the person who needs a home. You make a mediocre salary, have bad credit, still arent using credit correctly, and already have been denied. Focus on fixing your finances. Not a home you do not need. 