What do you mean applicants cannot be steered to a particular mortgage company?

@Nick Romano I think the comments are steering you in the right direction, as a local investor/ realtor in the north of boston area in today's market we often try to make a "bad" deal a good one.

But it will also steer you away from "finished" properties that may look nice to the untrained eye but are disasters underneath the drywall.Also, having a home inspectors license provides a second stream of income that can help you accumulate enough savings for a down payment on an investment property. 

Hi @Emilee Steers!  

@Dave Vona, I'd steer clear of cheap turnkey homes entirely.Our company only sells $65K and up, like @Curt Davis says above.  

they'll steer you in the right direction. sounds to me like you're gonna be in a perfect position to live in a place while you fix it up...... that's what I would be looking at.

I have done 9 loans personally with him, and he has never steered me wrong. 

The other issue is that they're not always well versed in real estate and don't have the RE license to steer you towards specific purchases or offer direct RE investing advice.  

I need to steer away from places like this.It looks like the house has a really low assessment value, and that once someone pays their asking price the yearly taxes will triple, and make it less profit flowing, not to mention the abysmal school system-which is an indication of a really bad neighborhood.No, thank you. 

In my experience, your accountant and attorney will steer you towards what they are most comfortable with, which isn't always a bad thing as long as you know what's what going in.Most of this will depend on your current situation, your near term goals, and then your long term goals.