Most of the time no because even hard money lenders want you to have some skin in the game, saving will be slow but it is effective.

Then they have no skin in the game if the property underperforms.

@Mark Allen  average person does not have the street creds to do as you delianted above.and its HUGELY risky to invest like this with beginner sponosrs.. they have no skin in the game they usually have the opposite of deep pockets.. and if it goes bad they move on..

If I were her realtor I'd be happy to put it on the market at 1.2M also...its no skin off the realtor's nose if it doesn't sell.

I've dealt with every jurisdiction in South FL and was one of those who had fines up to 100k operating illegally so I've got alot of skin in the short term rental game lol.

Networking and asking for referrals can certainly help.it takes time to develop your capital sources and most of us that have been doing this for a living over the years.Have:1. some personal cash or skin in the deals2. substantial private investor network 3.

They need to make sure you have "skin" in the game as well.

It just got under my skin the way they went about it.

I believe this is the typical path for the average investor like myself while the more creative ways to construct deals are solely for the more experienced and savvy investor, depending on their comfort level with such tactics.I'm still working on the network end of things to perhaps someday JV with someone on potential opportunities to avoid lenders and banks altogether, but again, skin in the game is still needed by someone.  

This is what I am doing (I'm OOC investor so I can't get a mortgage now) and it's working great.Another option is to BRRRR- you can get a loan from hard money lender for 90% of purchase price and 100% of rehab and then you can REFI with a convesntional bank. 10% skin in the game is not that bad and you don't need a huge capital for that.Good luck!