I have been using the wholesale strategy for about 5 months now but i cannot seem to find any deal i had two contracts but both fell through and now all I have to invest is about 50 bucks please tell me some free too low cost marketing methods to find motivated sellers thanks!

I was looking forward to the post-Christmas break and 6 months of RE prep work before hunting my next deal down. ...and then a heck of a deal kind of fell in my lap.

That deal fell through because another investor beat me to the table with an offer.I've found another property I'm interested in, this time it is a 3/1.5 single family home in a decent working class neighborhood.

I need to update you all, as this Homepath deal fell through recently.

This fell through at the last minute of course so I actually went to a bank in Qatar where I was living and took a loan out for 100k and it took about 2 days to finalize.

However I didn't see any evidence of moisture, and didn't hear any drips behind walls, but it was in the back of my mind.On the third night after I got home I was exhausted and fell asleep, some time around 4am for whatever reason I can't explain, it clicked and I knew it must be a running garden hose.

BC assessments says that the average house price in the area fell 4% to an average of 350ish.

I even made financed offers not contingent upon financing (in other words, even the financing fell through for some reason, I would still close with cash).

The lender will do their own appraisal and counter the price offered generally to the apprasaised value.In my opinion and experience short sales are a waste of time to chase unless they just fell out of escrow and the short selling lenders approval is based off a old value and you can swoop in and get a deal.TL;DR short sale listing prices are mostly fictitiously low, subject to the short sale lenders appraisal and approval.

Both fell out because they could not get financing.