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Would you buy a home that needed a ton of easy work if it meant really cheap payment?


We found a home that is owner finance $400 down $250 a month for 3 years. It needs all carpet ripped out (we can do hardwoods under), boxing needs replaced, needs a couple of sheets of drywall, a kitchen sink, and every room painted. It is a 4 bedroom 2 bath house with a great foundation, good wiring, good plumbing, and is almost 2000sqft. I'm trying to get objective opinions. We are capable of doing all the work in a one month to two month time period. Opinions?

 

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LongTimeMother profile image97

LongTimeMother says

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3 years ago
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    Peeples 3 years ago

    It does sound great if everything checks out. I finally broke down and did the gofundme thing everyone keeps talking about, probably a waste of time, but time to let go of my ego! Inspector will check for asbestos this afternoon! nervous and excited!


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A F Stiger (FeniqueS) says

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3 years ago
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Shauna L Bowling (bravewarrior) says

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3 years ago
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MizBejabbers says

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3 years ago
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SmartAndFun says

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3 years ago
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    Peeples 3 years ago

    This was my thought too. If we get all the cosmetic basics done and find the harder stuff is too much we could sell it, though I really don't want to, I just have to tell my husband this because he is nervous. Thanks!

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Paula (fpherj48) says

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3 years ago
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    Peeples 3 years ago

    Even in the worst circumstances $250 is possible per month! Waiting for the inspection this afternoon, and that will convince my husband one way or the other! Thanks!

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Fred Arnold says

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3 years ago
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    Peeples 3 years ago

    Exactly my thoughts for now! Thanks

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jaydawg808 says

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3 years ago
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Lois Ryan (LoisRyan13903) says

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3 years ago
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Peeples says

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3 years ago
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    LongTimeMother 3 years ago

    Not to that house sadly, but maybe another one. Are there places you can put 'wanted to buy' ads for a 'vendor-financed home requiring minimal improvements to become safe haven for family with children.' ? Someone must have some good ideas.


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Robert the Bruce says

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3 years ago
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temptor94 says

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3 years ago
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    Peeples 3 years ago

    We are having an inspection done today at 2:30. As long as the foundation and Electrical come out as we were told I think we are going to try to go through with it.


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sheilamyers says

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3 years ago
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