I agree with everyone else, the math does not pencil out for you to buy a place. I don’t believe you would qualify for a 300k mortgage as your PITI as % of gross income will be too high.
Think you need to ask yourself some very tough questions. Are you financially stable and responsible to own a home? How long do you want to live there? It is going to be the biggest financial decision you make at this point in your life. You need to take the emotion out of it and look at the numbers. Why have you been unable to save? Do you have a savings plan or budget? Have you looked into how to rehab your credit? What is your plan if you lose your job, or have a special HOA assessment, or have an emergency?
Have you sought financial and credit counseling? I believe HUD offers free financial counseling.
