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Updated over 9 years ago on . Most recent reply

Jennifer Angulo's profile image
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Jennifer Angulo
  • from Orlando, Florida
  • Member since Nov 12, 2015
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Jennifer Angulo's profile image
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Jennifer Angulo
  • from Orlando, Florida
  • Member since Nov 12, 2015
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Jennifer Angulo
  • Orlando, FL
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Private Lending & Conventional Mortgage Advice

Down payment on $84,000 home??

Jennifer Angulo
  • Orlando, FL
Posted

I found a beautiful REO home w/ a pool going for $84,000 that needs some fixing up. I want it! (Credit score is in the 600s.) How much should I expect to pay for a down payment if I'm able to obtain a loan?? ((1st time home buyer))

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Steven Gesis's profile image
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Steven Gesis
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  • from Miami, FL
  • Member since Mar 17, 2015
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Steven Gesis
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  • from Miami, FL
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Steven Gesis
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  • Miami, FL
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Steven Gesis
  • Investor
  • Miami, FL
Replied

Lol, great point! You are absolutely correct the likely hood of this profile having all the ducks in order is probably a very slim chance.

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