Finding my first deal with no money

[Michael Walsh]

Hey guys my name is Mike,

I am just getting into learning about real estate investing and would like to know something about finding deals..

Let’s say I go out and find potential properties I want to buy. I make my list and then analyze as guided to do so.

That’s easy for me to do however I’m caught between understanding if I need to have the money already in hand when I “make an offer”.

If I am telling people I am interested in buying their house and do not actually have the money available, then what? Should I already have connections with other investors that are willing to jump in on the deal? 

Doesn’t seem right to put in the work analyzing a bunch of leads without already having money available. Could someone shed light on this for me?