But while it is theoretically possible to do a deal with no money, if you don't have cash reserves you are taking a big risk that the deal might fail. make sure you only do GREAT deals so that if it doesn't work out as expected the deal still works.

I've been searching for and analyzing properties daily so I'm sure something will work out soon.

Basing your appeal on your purchase price alone is unlikely to work out in your favor, all else being equal. 

You never know what might work out!

Most often, the numbers don't work out anything like people assume.

I have more in savings, I just don't feel comfortable investing it in case it doesn't work out.

That story is intensely long, and I've already had to delete it twice while writing this post, so as a means not to bore you all to sleep, I'm going to leave that part out.

Larger stuff banks try to workout or work with owner to sell pre-foreclosure.The banks often push to auction websites to sell.

@Scott Marsh You'd have to figure out the numbers to see if it would work out for you.

I feel a bit anxious because I know I am ready to branch out into taking action (I have read several other books as well and listened to a variety of podcasts) but I don’t want to do so and get myself into trouble financially if things don’t work out 100% to plan.