If you have no money you can try to earn equity in a deal with your time (finding deals, managing the property, etc), or skill (learn a trade, get your GC license, etc) I read that book in Sept and wished I had read it sooner! 

Wade executed the very first “non-profit only” government non-performing note trade with HUD.

Here's why:Deep Discount Buying OpportunitiesAfter a period of aggressive rate hikes, many real estate assets are trading 20-30% below peak prices seen in 2021-2022.

Now, it took me many years and a lot of real estate trading to get to this place with my bank, but that is why I highly recommend that RE investors work hard and finding and nurturing a local banking relationship.

If they can get what they want, they'll sell - often trading up for a larger property by way of 1031 exchange. 

While there are certainly opportunities for finding trades and deals in these areas, they’re often pursued by local, mom-and-pop operations.

@Jaren Taylor, not sure if this is why you talk about raising all cash, but given most deals are trading in the 5% cap rate range, and agency debt is 6.5% while balance sheet debt is closer to 7%, I whole heartedly agree that all cash is the ideal capital structure for many properties today, if your goal is to maximize overall returns for your investors.  

With another snowfall in the forecast, we are already at $1500.

The other markets are in southern states.My buyers are typically the "trades".  

Wage growth is still running at over 4%, above core inflation.This permeates to all workers, including the construction trades, and thus, to the price/cost of homes.