Quote from @Rou Odab: Hello everyone,We bought this house, and we're living in it and renovating it.

If not, you’ll need to resolve these liens, which could complicate the investment.Current Occupants: The family living in the property could be protected under Massachusetts’ tenant and housing laws.

Need so much more info to actually be able to shop rates  :)  No points, 110k, SFR, regular purchase financing, the house is worth around 140k.

But they were selling an expensive house in California and had horrible credit.

If I were you I would look into the possibility of starting off with a house hack.

Section 8 refers to a voucher that some people use to pay for their housing.

As you begin you REI journey here is a piece of advicecheck out this website for a great over view of a city https://www.areavibes.com/This website gives you a total livability score and you can see things like crime rate, housing, walking score and more.Best of luck!

I'm asking because last year I bought an inventory home in Cypress TX that had a $10k discount, however the appraised value of the house came out to be the same as the discounted price :)  

Also, as long as the house appraises, taking broker commission and using it against down payment and closing costs means lower cash requirements for me which increases my CoC returns.

That way, you keep more in reserves and have more to put towards your next house hack.