Sin City Real Estate

[Nat Seangsumat]

Hey its kenni , I was looking around my neiborhood and found a house being foreclosed. The house was in alright condition and could easy be renovated by me and my team. I looked up the address on line and found the house and it was selling for under 20k. Then and there I thought that if I subtracted how much I would spend to fix the house the house was affordable. Before I got talking to some broker . Would this house be a wise investment? 

And could I get a "no money down" loan on a house like this?

I'm a young investor a year out of high school and have had a steady job for a year. I'm currently living in my own apartment with a roommate I rented a room to. I want to buy this house as a investment property i plan to rent out as i did my extra aparment room . (this is my first investment) 

Please advise!!!