: For those with limited savings, the FHA $100 Down program can be combined with repair loans to finance both the purchase and necessary renovations of HUD-owned properties.
: Spend no more than 30% of your gross income on housing, have 30% of the home's value in savings, and limit the total home price to 3x your annual income. where to buy cheap homes
Experts recommend these benchmarks to ensure your "cheap" home stays affordable in the long run: : For those with limited savings, the FHA