Newbie first time home buyer.

[Chandler Smith]

Hello BP,

I am looking to invest in my first house using a first time home buyer loan. I am approved up to $175k I need 1.5% down payment. My question is should I go for a more expensive house or go for a fixer upper? Ideally my mind set is to rent out the house. But would also consider selling it. Just looking for some cash flow and a nice ROI on such a small investment.

Thank you in advance for any help.

[Chandler Smith]

@Marianne Wentzel I got 1.5% down through a first time home buyer program.