Should I make an offer?

[Katherine Earle]

Hey everybody,

Ok, so I'm super new and really excited to finally break into the game, but I'm starting from scratch at building capital. We won't be able to qualify for a typical bank loan for another year and a half (after we filed for bankruptcy), but our expenses are practically nothing besides our rent now. So every cent we make will be building up in our down payment fund. In the meantime, do I start making offers for properties in the event I can land a really good deal and find someone to produce the funding anyway. My issue is that at this very moment, I can't even produce the earnest money to secure it and I live in the SF North Bay where the earnest money could be pretty substantial.