You make it sound easy, I recently run across a forclosed home in very bad condition, asking price $70k but it would take another $30-40k to update and fix it up to live in. I'm not sure if it worth it. Can you tell me how to get the asking price lowered?
I'm trying to come up with the down payment for my first RE Enterprise, since all the lenders that I've called mention the need for a 20% down upfront. I've some cash , but not quite enough yet. Does anyone have any creative ideas in how to come up with this money?
Deals
You make it sound easy, I recently run across a forclosed home in very bad condition, asking price $70k but it would take another $30-40k to update and fix it up to live in. I'm not sure if it worth it. Can you tell me how to get the asking price lowered?