More difficult then I thought

[Irma Leibas]

Frustrated and feeling annoyed!  I'm coming to find out that it's a lot harder to find a decent deal to fix & flip, let alone getting a seller to accept my offer.  Apparently, a lot of sellers don't want to accept hard money loans for financing.  They prefer cash or traditional financing.  Is there anyway around this? I have spent hours and days searching, viewing multiple properties, and writing up offers, and I keep getting turned down.  

It's insane how some of these properties are falling apart in Gary and Hammond, Indiana, and they want 30-50 grand! LOL!! There's not much of a profit to make.  So now I'm wondering if I should just purchase a turn-key property to rent out.  

[JooYung Choi]

Not sure why they wouldn't accept a hard money loan. I would argue that's the second best option next to cash! Especially if the property is run down, I doubt traditional financing would even work. 

Don't give up hope! I am sure you will come across a deal soon, no need to rush into a bad deal!