Two Sides is a new series of articles in which we ask SoFi members and employees to weigh in with their experiences, perspectives, and insights on topics important to our diverse community.
When house hunting, you might have trouble deciding whether you want to buy new home or invest in a fixer-upper. While a new or newer home typically requires little or no work, you’ll likely pay market price, which means ponying up more dough up front. With a fixer-upper, there’s a good chance you’ll get a deal that allows you to put less money down, but you’ll need funds on hand for immediate renovations. You’ll also need to plan ahead financially for any fixes you want to make at a gradual pace.Read more