Market is so hot!! Dont have 100k cash

[Eric Shiva]

Hey!! So I’m a new investor in the Denver area,

I am really trying to get my first property to BRRRR, I have many connections in the construction side so I'm thinking this strategy can work for me!!

However, the Market rn is so hot I can’t even have an offer that competes with its competitors, they are giving 50k plus or more as down payment and homes are going well over asking (as you may know)

What can I do? Thoughts? Advice?

[Paul Shannon]

I've heard wholesalers mentioned a few times, but in my experience you're not going to have that much luck there either for reasons mentioned by @Kevin Romines.  I'd recommend going direct to seller.  Direct mail, driving for dollars.  Tell everyone you know you are looking for these types of deals too.  You never know who knows someone in a tough spot looking to get out.  Distress is your opportunity.  

You have to get creative in this market.  But if it doesn't meet your criteria, don't overpay.  No deal is better than a bad one.  There's also a lot of other ways to make money in RE.  And a lot of ways to make money investing outside of RE.  Try to bring more tools into your investing toolbox.