I found a single family property in a mixed used zone that is going for 179,000. 3 beds 1 bath 1200 sq with a septic system and needs to be connected to the town sewer line. That being said it may not qualify for conventional financing unless fixed. The property fixed up is worth about 300,000 but it does need some work. I plan on keeping it for a while then selling as after it is fixed. I was thinking of making a offer of 150,000 but I would need to get financing. Not sure where to go from here but would lik help breaking down the deal. :help
Better is to contact an agent for advice because they know which are the best financing options available for every particular property or forclosure.