In 2011 it was still possible to get great deals off of the MLS. Now investors are paying over asking price (which is too high for investment purposes to begin with) — NO!
Bottom line is that it makes very little sense to take action before you have some type of access to capital.
True, owner financing is the best game in town, but if that’s the only game you’ve got, your market will be cripplingly limited. Partner up with people, and set up a line of credit or even credit cards. Bottom line is that it makes very little sense to take action before you have some type of access to capital.