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Buying family home- needs a lot of work

I’m trying to buy a family home from my aunt. The house is not in my area so I can’t say it’s my primary residence. Same state but 170 miles away. I talked to a lender and he said I can get a loan but as a second home. The issue is the house needs about $50k in work and the lender said I can’t qualify for a 203 loan since it’s not a primary residence. Since I’m using a loan to buy the home, what are some ideas to finance the $50k in repairs?

submitted by /u/CompleteShoulder5434
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source https://www.reddit.com/r/RealEstate/comments/11d9r5e/buying_family_home_needs_a_lot_of_work/

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