First Time Investing

[Jasmine Claye]

What is the avg price of a starter investor home? I've

heard someone say that you can purchase one for about

35K. Is this true? If so, the repairs must have been a lot of

money. A home for 35K could run repairs from 20-30K

correct? Which is a total of 55-65K. It is a trade off

between purchasing a house for cheap with a lot of

repairs, and purchasing a house that costs more

with less repairs so how does this affect the loan?