The Reality is stuff costs money.

Can you borrow money from friends and family to be a cash bidder? 

I have the money to pay it off.

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@Malorie S.Put the money in escrow so you can get it repaired.

The investment would be a great hands on learning experience with low risk.Now if you're looking to leverage your money and want to hold for the long term..

The unknown is a big factor that WILL cost you money in the long run.

I was able to save more money and add to my profit margin in the end.

This scenario I set (even though this property is really listed for this much), I factored in the investor not coming in with any money but instead using 4 PMLs.

This approach can be a powerful tool in your real estate investing toolkit, offering opportunities to maximize returns while creating mutually beneficial deals for both you and the seller.Some books I recommend are:"Investing in Real Estate with Lease Options and Subject-to Deals" by Wendy Patton"Seller Financing and Real Estate Notes in the Dodd-Frank Era" by Dawn Rickabaugh"The Book on Investing in Real Estate with No (and Low) Money Down" by Brandon Turner and David Greene