How can you compete in this market?

[Anthony P.]

Hello all...

I have been searching for a multifamily deal in Fresno, Clovis, and San Luis Obispo CA. Unfortunately the only funding I have to use is my VA or a seller financed or private money deal. These markets have proven to be extremely difficult over the past 6 months and all my offers have been denied. I even offered a price that only got me $70/door after the analysis. I've checked and I'm confident my analysis isn't the problem. Every deal I offer on someone else buys with cash. I live on a single income with 4 kids... I'll never purchase a home in cash until I can start building wealth in real estate. So my question is how does one compete with cash offers when looking to house hack by using the VA. I can imagine the answers may be, they don't or you just gotta get creative...I get it, I've read the books and have heeded the advice. It's still not working I am not defeated though, so please share if you can contribute. Thank you in advance!