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Updated almost 9 years ago on . Most recent reply

Derick Hopkins's profile image
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Derick Hopkins
  • Investor
  • from Estill, South Carolina
  • Member since Nov 2, 2015
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Derick Hopkins's profile image
Derick Hopkins's profile image
Derick Hopkins
  • Investor
  • from Estill, South Carolina
  • Member since Nov 2, 2015
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Derick Hopkins
  • Investor
  • Estill, SC
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General Real Estate Investing

1st timer needing advice

Derick Hopkins
  • Investor
  • Estill, SC
Posted

I have a fixer upper that is listed for 23,900 obo. I have made an offer for 18,500 but need to get financing in place and also need to include about 15/20k to complete repairs. Last appraised value of home was 60k. I would like to borrow 45k on a 15 year mortgage to buy and repair home. Any help or guidance you can offer would be appreciated.

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