This is very high level, but hope it answers your question.

You can get loans for over 80% on NOO properties but the interest rate climbs as they have a higher level of risk for the lender.

And yet, I return here again :)I think what I would be most interested in is flipping fixer-uppers.

Some days I'm terrified and just want to walk away and other days I'm elated that I'm finally getting into real estate.I work a standard 9-5 office job, make a decent (but by no means extraordinary--probably be classified as upper-working class or lower-middle class) wage and am a single mom with 2 teens.Anyway, that's my story.

The tile probably won't provide a solid/level point of contact for the cabinets, either.

A small mid level bath is going to cost 6-10k however.

Not only would I have a well-built and nice looking home, but I'd also be saving the past since so many morons just bulldoze that stuff down nowadays showing no care about the past.I also had the idea of moving out to a place like South Dakota where they have those old ghost towns, and maybe buying an old fixer-upper building in a ghost town and restoring.

If the owner doesn't make the request they are creating a possible problem for themselves on the Civil level and are breaking a legal contract, which under certain circumstances is a fraudulent act.

I read so many posts discussing houses that cost 300K - 500K to purchase a fixer-upper.

He was a bit suprised as he knew I was a mid-level executive with a Masters Degree.