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Updated over 1 year ago,
Open Ended Mortgages?
Hello all, first-time home buyer here. (I am only 20 so I barely know what I'm doing) I am interested in finding a primary residence in upstate NY. Everything is a bit out of my price range and I have been looking at open-ended mortgages as a potential solution. I wonder if buying a fixer-upper and renovating will be cheaper than purchasing a move-in-ready property. Thanks for ANY advice in advance!