A lot of people jumped into investing these last couple of years by cashing out the equity from their primary home, which means they got their start through blind luck (market appreciation) rather than financial discipline.

If you don't have the financial discipline to hustle, save, and invest from a position of strength, then you should partner with someone who does.

Some people probably wouldn't even think about doing this, but with great discipline and being focused on the task at hand it's an advantage for me.

Good debt being debt that makes you money, and bad debt like credit card debt and financing your vacation / large TV (etc) purchase.I personally think he just caters to the less disciplined, and so for those his advice is on point.  

Discipline > motivation.

Of course, before that, you will inevitably need to spend a lot of time (self-disciplined study) to learn Real Estate Investing and when you are ready to take down a small house (4 bed or something [rent rooms to your friends or other students) or a small multifamily), you will be a lot more confident to do this. 

The biggest trait successful investors have is DISCIPLINE. lastly: i have a lot of cash investors: and they are purchasing cash only bc they can and they don't want to have a mortgage.

Anything is possible, can it be done sure, are you likely able to do it in your position, no way in he**.Something more important for you to understand is that if you are not disciplined enough to save up the necessary finances to go forward on a deal like this it is extremely unlikely that you have financial skills or the discipline to ever succeed. 95% of those wanting to be real estate investors fail.

Wholesaling is an art, it takes a skilled and disciplined individual to find quality deals that everyone will make money on.

Because the buyer has poor financial discipline which is why they can't qualify through a bank.If you have good financial discipline but just have bad credit due to unfortunate events outside of your control (e.g. medical issues) then my recommendation is to work hard to recover your credit and save up the funds necessary to purchase.I'm using seller-financing right now to purchase six apartments but it's because the terms are more favorable to me and the seller, not because I can't qualify through a traditional lender.