Is buying a co-op foreclosure from hubzu a good deal, paid 83k for a 2 bedroom coop in ossining ny 2 bedrooms go for around 160k-170k ...kinda nervous about pulling the trigger

Hey guys so I’m looking to currently buy my first house my credit is above 700+ I’ll have a co signer aswell to increase my DTI if needed I’m looking to acquire a 300-325k home in Las Vegas my goal is to live for free I wanna rent out the rooms to cover my mortgage and all expenses if possibly I’d like some advice on people who have done this prior I plan on getting a single family how do you come up with a estimate to how much rooms can rent for? 

The children are not random, they are related to the boyfriend, who would be a co-applicant.

Do I need a co-signer?

My first thought is to bring in a co-signer to invest in a single-family property or condo that needs a little TLC.

A co-signer really needs to have much more income than 'normal'. 

OR, do I buy the multi family, live there for a bit and try to save up for a co-op?

Create a Buy/Sell AgreementA buy-sell agreement, also known as a buyout agreement, is a legally binding agreement between co-owners of a business that governs the situation if a co-owner dies or is otherwise forced to leave the business or chooses to leave the business.

I think one thing you could do, would be to get a co-signer, but sometimes there are some goofy loopholes to get through as well.Maybe @Zack Karp or @Michael Facchini have a solution since they deal with loans 24/7.

By adding a co-borrower with strong credit, they may be able to qualify.