It's actually difficult to get mortgages for that small an amount. There were lots of properties here (MI) in that price range post 2008 and my dad ended up buy

It's actually difficult to get mortgages for that small an amount. There were lots of properties here (MI) in that price range post 2008 and my dad ended up buying a house with a credit card because it was easier than trying to get a mortgage for that amount.