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Everyone keeps saying to buy the cheapest house you can afford

My buddy in Austin bought a fixer-upper for $180k three years ago and has already dropped $50k on foundation repairs alone. Has anyone here actually had the cheap house gamble pay off without major surprises?
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2 Comments
hunt.rowan
hunt.rowan13d ago
Buy the cheapest house you can afford" only works if you know how to inspect it first.
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iris_green84
Don't cheap inspections miss things like foundation problems all the time?
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