Is finding a good deal using financing a waste of time?

Bird Dogs, Wholesaling
1

It appears that REO properties , on the ‘lower end’ generally under $60,000 or so are being sold to cash buyers.

Is there even a point to try to use conventional financing on a deal? It doesn’t seem like it as it seems like banks are taking cash (or hard money) offers even if they are lower than financed offers.

People complain that it is difficult to get financing…but then it seems even if you do have financing for an investment loan…it’s almost impossible to buy something.

Are other people finding this to be the case as well?

2

Yea this is the case for me also. It’s hard to find people to fund you too when you’re new to investing. I believe in what I’m doing but does anyone else.