Buy the distressed property, rehab it, get it stabilized and fully occupied at market rents, then refinance and repeat.

I guess that’s the benefit of the BRRRR strategy is that you can use other people’s money to procure the distressed property, but have little exposure on the high interest rates because of your ability refi with more traditional financing in the short term.

I have found two very distressed properties that I would love to get under contract but the public records show that the occupants are the owners themselves.

I'd start by calling every FSBO of a distressed property and non-pro CraigsList rental listing.

It is not our ‘big why’.First goalWhat - We intend to find distressed property and fix and flip in our area.

My thoughts are that someone within my network HAS to know someone that has a home that need to sale. ie hobby landlords, distressed owners etc. 

Not trying to high-road but I think the problem with no money, has nothing to do with money - it's the churn and burn mentality of filling a funnel with 'distressed' situations instead of just trying to solve people's problems.

Greetings fellow Investors, looking to diversify my "wholesaling" efforts this year and the art of finding more distressed properties and in this case, property owners.

Markets have firmed up and that's a good thing.. there just is not the distressed inventory that made this much more viable 10 years ago.but that all said its still viable in D class areas and low value asset areas that are underserved by the real estate community.   

I am looking fo me a solid agent to help me evaluate and write offers on distressed SFR properties in NW/SW Portland/Beaverton/Hillsboro areas.