My plan...Ive got a plan in place & would like to know if its a good idea or doesn't make sense. Alright so I've been pre approved by my bank & I'm looking to buy a home that's at least 20000 less than the loan amount. Id still used the whole loan amount but would have enough to pay a years mortgage & a little towards helping me fix the home up to my likings. Is this a good idea & does anyone have any suggestions??June 22 2010 - Reno00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.