bad credit home loans first time buyers

Would it be possible for me to get a mortgage to the buyer $ 7,500 for the first time with bad credit?
I am a 25yo married father of 4, my wife and I have been married for 5 years in the past i have had credit to the big questions about anything just some things that have hurt my score a lot! We are renting a flat at $ 900 per month. have the opportunity to buy a decent apartment house in southern Illinois, where I grew up and I have family, my only problem is I do not think anyone is prepared for me, although a first time home buyer? 7,500 to the owner requests the house is a living space 4 bedroom 2 bath two story in the form (the area is not more than impressed by poverty, has always been) I have even 20% deposit as well, but I'm not sure who or if anyone wants to lend me the house, because the amount is so cheap, what are your thoughts I forgot to mention he was employed by Pepsi Cola Latest 4 years. i currently live about 650 to 700 per week.
Even if you had a good credit would not get a loan. Banks do not grant mortgage loans by $ 7,500. This is a cash purchase.
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