Trying to compete with cash buyers

[Traci Cameron]

I keep finding incredible properties and have been preapproved for a fix and flip type loan (with 20% down) but can’t get any offers accepted! My realtor (who works with other investors in my area as well) told me that though I shouldn’t give up, it’s extremely difficult to get an offer accepted on a great flip property because the other investors around here are cash buyers. Any advice?? I asked my realtor about the idea of trying to partner up with another investor who’s a cash buyer and I could provide the renovation money. She said that too could be a challenge because of the competitive market here. Am I fooling myself to think others would want to work cooperatively versus competitively?