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Updated almost 4 years ago, 04/06/2021
Purchasing in a Hot Market
Hey everyone, my name is Matt and I'm new to real estate investing. Over the last month I've been looking for property in the Chicago area and it's been nothing less than a challenge. With the market so hot right now, it seems like almost everyone is wanting all cash. Are you all seeing similar trends in other markets? If so, how does a new investor get in the game when they don't have capital to buy a property all cash? Do I need to start looking at JV deals so I can leverage other people's money/experience to get more options? Are there other lesser known strategies to get deals done with little capital/experience in a hot market? Any and all advice is welcomed and appreciated. Thanks and have a great holiday weekend!