3 ms·

> Buy one cheap Can you elaborate ?

• gigatexal 10y ago
  Most of you are well paid software developers? Or have been living under your means and saving some money? If you are willing to make improvements and "get your hands dirty" buying a foreclosed home (probably not too many left) or other homes on a short-sale is the way to go. I think as long as you can pay as close to or fair market value for a home (less would be ideal obviously but nobody is going to give away a home for cheap unless it's a bank that's just wanting to cut their losses) you'll be ok AND within your budget. Don't go bankrupt buying too much home to find ou there's a huge problem with it or you bought in an area where people won't want to rent it.