I won't beat the horse to death about $5k MAYBE not being quite enough--everyone else has made that point well, but it IS a valid point.

It's putting the cart before the horse. 

Why change horses? 

Real Estate Development (horse pasture to complete subdivision) really was beyond her comfort zone - but buying a foreclosure was something she could her head around.

This feels like the cart before the horse.  

It was a quite neighborhood and one acre with horse property.paid $58,000  put $8000 in it and lived in it for 6 months and sold it for $138,000.

Iime sand and horse hair).So long story short, I bought a money pit that I had to gut to the studs and bricks and redo every aspect of the house.

Set on a hillside across from a horse farm (across the river from the Appalachian Trail) in Cornwall Bridge, Connecticut, this double-dome home was originally built in the mid-2000s by a young circus performer who wanted high ceilings so he could practice juggling.

That way if one tries to short cut you, the other can jump in and get the deal.Btw, if you don't know how to put a deal like this under contract, I think you may be putting the cart in front of a horse. 

The borough was originally called just "Mifflin" and then a one-horse town in the middle of Pennsylvania wanted the name, so they renamed Mifflin West Mifflin and that was that. 3.