Advice needed ASAP! House JUST listed and I want it!
Sooooo, I am looking at a house that is listed at 36k, surrounding houses 100k+, last sold for 130k+ about 10 yeas ago and clearly needs lots of work! Still able to live in it. I do NOT have the money to just buy it in cash and then flip right away. Should I just buy it with a mortgage and then live in it for a couple of years while I fix it and then sell it? My credit is also not the bet so that might hold me back. Should I try to get a private money loan and then flip it. I've got guys who will help me fix it up. Professionals, not just buddies that I have lol. This property has only been listed on the site I found it on for 5 days, I called the agent about it yesterday and tried again today. I hope to hear back on Monday. I have never purchased a home, I am nervous and don't want to ruin this.
Feel free to post and reply or send me a direct message. Help!!!!! 😳
Rebecca Bryant