I want to buy a house for my family and I'm thinking of going to foreclosed route and maybe fixing it up. Is this smart? It could be cheaper than just buying one

>lus- actually hate provoking image
>useless and time wasting bullshit
Every time

>>936043765 (OP)
Rent a unit in an apartment complex

>>936043765 (OP)
>Normal question, but a bnwo guy

If you're not a loser and can buy in all cash and outbid everyone else. It's an idiotic idea for a poor person because you will likely have to fix everything because the last owner probably didn't maintain anything. Even if you get a rehab loan they'll require you to use approved contractors instead of illegal and you'll pay 40-50% more for construction.

Feeling a little adventurous tonight... care to join? emaquiie

>>936043765 (OP)
Do not do this. It will drain you.

Just take some BBC in your butt

>>936048822
That is my duty

>>936048822
Not necessarily. With a good inspector, it could be avoided. Bought one for 88k, pretty much move-in ready. Minus some cosmetic damage like drywall, doors, and floors. That was pre-covid (2012 to be exact) so prices were somewhat reasonable. Now its valued at 280k. In the 10 years, the biggest issue was the AC quitting out. 13k. That was a setback lol

>>936044308
Kool kats

It was a hoarder house

>>936049693
i wouldnt go through a bank, they have to deal with red tape and itd take much longer.