Most buyers simply don't have the banking contacts or experience or the cash to move quickly to make those buys.

When it comes to electrical work, it's simply a matter of, when it works you're done.

I do investor flips as one of the potential exit strategies of holding property - though I much prefer to simply landlord.

You simply have the seller sign an option agreement.

Do I simply need more capital to tie up such a building?

It depends on your personality and what aspects you enjoy more then others.

I enjoy the way that I have been able to build up my own worth and learn more about investments in real estate that I would like to be more involved in.

I've kind of been turned off from foreclosure/auction/sherrif sales due to the long process and the inability to inspect the property etc.Besides getting the "balls" to actually approach people in preforeclosure situations, the main thing holding me back is financing, I simply do not have the money for a downpayment.My plan was to buy properties, hold on to and rent them until the market turns, and then eventually sell, but that may not be the best option at this point.Reading this forum the last few days I've been hearing some new terms:bird dogging - http://www.biggerpockets.com/articles/bird-dogging101rb.htmlwholesaling - http://www.biggerpockets.com/articles/wholesaling-properties-lg.htmlTo be honest, I'm not 100% sure what the main difference is.

We know this by simply asking home owners and seeing what it is listed at.

I REALLY enjoyed it.