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Updated almost 7 years ago on . Most recent reply

User Stats

82
Posts
36
Votes
Jonathan Valdes
  • Rental Property Investor
  • Saddle Brook, NJ
36
Votes |
82
Posts

Multi family property...foreclosure or mini repair

Jonathan Valdes
  • Rental Property Investor
  • Saddle Brook, NJ
Posted

Hello to all....i have been searching for a home since about December. My partner who has the majority of the money is flaking. Leaving me to make a move that i am not sure i am ready to do. I've got about 10k and want to move from my rental by June 2018. As a Professional Chef i am naturally handy with my hands. It also helps that i grew up with a GC as a father. 

So...my question is...Should i wait, save more money to qualify for FHA @ 5% or try and find a foreclosure and work on it myself?

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