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Any advice on options for low-income / high asset first time home buyer? (NY - moving out of state)

Hey everyone. So I live in in Queens, NYC and I currently am renting. For all intents and purposes, lets say I am unemployed. My wife makes under 50k/yr. I Recently inherited 250K from a sale of my family home.

I'm trying to figure out what my options are. I see that most mortgages rely heavily on your income, I am curious if there are any options for people in my situation?

An ideal situation to me (coming from having never done this before) is to put 150k down on a 350k house. Keeps the mortgage low and leaves 100k for savings.

Originally I was looking to purchase in the 300K-400K range either on Long Island or maybe SC or FL, but due to the market, Long Island seems almost impossible plus I'm hearing you need to look at 250k-300k houses if you want to spend 350k-400k.

Just looking for any advice and I appreciate any help you all have to offer.

submitted by /u/InfiniteDrive06
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source https://www.reddit.com/r/RealEstate/comments/tgx2mx/any_advice_on_options_for_lowincome_high_asset/
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