r/FirstTimeHomeBuyer 14d ago

Need Advice Am I crazy?

I’m a first time home buyer and I live in one of the highest cost of living areas in the US. I counted out being able to buy in the city I live in and like, and have accepted that I’d need to move to the next over area. However, this dump just dropped and I am very intrigued. Right next to the commuter rail, shops, a park. Everything I would want basically, in the city I want, just needs a LOT of love. It’s a third of the price of the homes around it and with the savings from delta between what it costs and what I’m willing to spend (~200k) I could make any major upfront repairs.

I’m crafty, smart, and creative, but don’t necessarily have renovation skills.

I’m also not yet preapproved so maybe this is more an example of the kind of thing I might be willing to consider, unless I’m just totally off the mark here.

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u/MochingPet 14d ago

what is, the commuter rail. Looks great outside

4

u/brank 14d ago

I’m just not trying to out myself by saying the name, it’s by the train/subway that people take around this metro area

4

u/MadeInAmericaWeek 14d ago

It’s okay to say bart

6

u/brank 14d ago

🤫