Home Buying in Pittsburgh>Question Details

Jon S, Home Buyer in 15235

can i get a mortgage for 15k if i put 20% down? could i get a mortage for 25k to put 10k into renovations, so i can sale it for around 50k?

Asked by Jon S, 15235 Thu Dec 26, 2013

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With today's interest rates being so low, I recommend financing as much as you are eligible for and can afford--and keep your money invested for a rainy day, retirement, future home upgrades that will increase the value of your home investment, etc. Renovations that tend to increase the value of your home: kitchen, bath, flooring, energy-efficiency (furnace, windows, doors, siding).
0 votes Thank Flag Link Sat Dec 28, 2013
There are many options for you. It would be best to speak with a local lender.
0 votes Thank Flag Link Thu Dec 26, 2013
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