5 key tips for buying a fixer-upper

5 key tips for buying a fixer-upper

When Breanna Reish decided to buy a home back in 2009, she didn’t have a lot of extra cash on hand, so she looked at foreclosures. She found an older home that had been virtually stripped to the bone, but that didn’t deter her. “We were left with a shell of a home that needed a ton of work, but we were able to lower the asking price down to $27,000,” says Reish, founder of the Riverside, California, financial planning firm Wealth of Confidence. …