In this case, it is not.It's about intelligence and data, not "patience and Persistence".If you need to "follow up" on people, it means you are not reaching motivated sellers.

@Tanya Maslach,Would love to chat about your goals and talk how you can find partners to help achieve them! 

Going interest only will allow you to achieve a better debt service ratio too. 

These type situations can only be achieved through the use of private mortgage money.  

Message me on BP and we can set something up.Original BP post (check it out to see how much of a dream this was for me 9 months ago): https://www.biggerpockets.com/forums/55/topics/1162005-first...Best, RyanOn a side note, if anyone's looking for a young, motivated, and incredibly knowledgeable agent in Grand Rapids and the surrounding areas, let me know and I'd be happy to connect you. 

My unique approach combines deep market analysis with a strong network of motivated sellers, ensuring you access the best deals before they hit the mainstream market.I’d love to know more about your target market areas and buying formula.

In some cases the bankable borrowers conscientiously choose to fund their projects with alternative lender because they  can achieve better leverage, won't have to maintain a set depository relationship with a bank, or they need to settle quickly.

Learn about Form 1003 and if you are really motivated, learn the Fannie Mae underwriting requirements, specifically Part B. 

I bet they are getting a barrage of leads right now with many motivated sellers looking to sell their homes to anyone.

Another option is seller financing, where you negotiate directly with a motivated seller to carry the note instead of going through a bank.