Pre-approval in Washington

[Landon Dolezal]

alright so I'm a two year student of BP, I've just acquired a position as a leasing agent so I can further my education in property management. however I'm only 19 but I've saved a hardy amount of cash 6k to invest in a rehab. I do have someone that I have found to be a rehabbed expert and an old coworker of mine to be a potential partner. However I still am curious how much or ratio of capital do I need (with FHA 203k loan) to the price of property that I come across. How much of a price decrease would I need to qualify individually. Or what other questions do I need to define to help me further my criteria? Thank you BP!!!