I will agree with that there are no cheap, sound, and broke horses; but I think you can find one for less than 10k easy. If there are places around that board/train horses give them a jingle; they usually have a line on someone who is looking to get away from the boarding and/or feed bills. They may not have one on hand but will help you find one. You may have to drop a little money on a tune up with a trainer for a month or so, but you should be able to do that and stay well under 10k. I bought a 10 year old, has all the buttons, registered QH mare for 6500 through my local trainer this year. Sending money to a Nigerian Prince is a surer investment than buying one online, in my personal experience.