I keep getting overbid

[Mahonri Bussey]

I'm a new investor in the utah county area, I have been doing the calculations for numerous deals Provo,Orem,Springville,Payson,Eagle Mountain, Salt lake, American Fork, Lehi etc. and I have put in 8 offers in on properties in the last 2 weeks on multi families to single family homes and condos and all have been swept out from underneath me because I am only able to house hack these properties so I can only put down the 3.5% and I get the deal taken from me from other investors that are putting 20% down and paying over asking price for all properties. I literally dont know what I should do to be able to get in to the market in order to start my investment future. I would like to meet a more aggressive and like minded investor/ realtor that understands what cash flow means and isnt trying to get me to buy something that obviously wont cash flow. Thanks ahead of time BP.   

[Alexander Price]

If you are doing an FHA loan you get first view on HUD properties I believe. That is an advantage you have. Don't forget your funnel, eventually you'll get one.

Check out podcast 96 I think. It's the one where they interview 3 guests. The first one is a BP finance writer named Scott Trench who did what you are trying to do, but in CO.