No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
As of right now, you have about 0 chance. They will only count the maount of income reorted on tax returns and they need 2 years of those to average. So even if you file 08 taxes and show 80K in income, you will still have 2007 showing no real income. In reality, you would have to refile 07 showing income and file 08 showing income. Once both of those years were in the system and you had paid all the back taxes and penalties then you would have a chance at getting a loan. Typically with a refile of a past year, it is 3 months or more process to get all the paperwork through the IRS system.
this is a simple case of "you can't have your cake and eat it to" type thing. You can't write off everything to show no income, and then try to qualify for a loan.
anyways, good luck with it.
Do you have a relationship with a credit union?
They can be flexible sometimes.65% down mightbe enough for them to approve you.