Pondering my second property

[Renee R.]

I bought my first property in April and am finding it harder to land my second. With my cash down payment I'm only able to buy in the $120K and less range and I'm finding real duds that need a huge amount of rehab. (I'm in NH.) I'm wondering if it might be better for me to wait until late summer/early fall when I can afford better properties. I'm looking for 2- and 3-plexes with 3brs. I'm okay with taking on replacing kitchens, bathrooms, drywall and floors, but don't want to get into significant plumbing, HVAC, electric, water or foundation issues. I figure that's not as likely in a property in a higher range. Interested in anyone's thoughts on times of year that are better, or should I just be patient and keep looking?