Making a move on primary residence simultaneously with investment properties
We are brand new to this site and REI in general and need to move fast. We are currently renting due to foreclosure 4yrs ago. We are currently looking at several properties for investment purposes and also at a primary residence for our family. The primary residence property is a REO and dropped in price from $200,000 in July '12 to currently $137,000 (with a $29,000 drop since yesterday) Our question is: How much should we offer (we know the house needs some work), how do we obtain financing and how do we put a contract on the house?
Thank you for your advice!
We are brand new to this site and REI in general and need to move fast. We are currently renting due to foreclosure 4yrs ago. We are currently looking at several properties for investment purposes and also at a primary residence for our family. The primary residence property is a REO and dropped in price from $200,000 in July '12 to currently $137,000 (with a $29,000 drop since yesterday) Our question is: How much should we offer (we know the house needs some work), how do we obtain financing and how do we put a contract on the house?
Thank you for your advice!