With $10,000, it is possible to buy a house by making a low down payment, though the home will likely be on the cheaper side and require repairs. A buyer should look for homes priced around the lowest FHA loan limit, get preapproved for an FHA loan which allows down payments of 3.5%, and have funds left over for closing costs and initial repairs or upgrades.
With $10,000, it is possible to buy a house by making a low down payment, though the home will likely be on the cheaper side and require repairs. A buyer should look for homes priced around the lowest FHA loan limit, get preapproved for an FHA loan which allows down payments of 3.5%, and have funds left over for closing costs and initial repairs or upgrades.
With $10,000, it is possible to buy a house by making a low down payment, though the home will likely be on the cheaper side and require repairs. A buyer should look for homes priced around the lowest FHA loan limit, get preapproved for an FHA loan which allows down payments of 3.5%, and have funds left over for closing costs and initial repairs or upgrades.
The Everything Homebuying Book: How to buy smart -- in any market..Determine what you can afford...Explore your mortgage options...Find a home that matches your needs