First investment home purchase

[Shantelle Smith]

I’m curious! There is a house on the market in my city for $99,000+ it has a good investment potential local homes are going for $200,000 to $400,000! My sister would be my real estate agent. Her friend is a contractor and it looks like a lot of the work we could do ourselves.  Is it possible to get a home loan for about $140,000 possible less with a 650 credit score and 15-20% down?