Good morning. There are a ton of great properties out there that need some updating and / or repairs. The good news for people in search of a fixer home is that a new loan product was released this last week. The loans are rehab loans were you can receive up to $35,000 for repairs on a property and you only need 3% down. This type of loan was available in the past but the program was pulled by most lenders during the initial credit crunch period. These new products can be complicated so please call or email me for more information if you are interested. Have a great day!