It does work, even in today's market.Check out this article I wrote for the BiggerPockets blog (even if you are already 21):https://www.biggerpockets.com/blog/how-to-invest-in-real-est...Also, make sure you check out BiggerPocket's househacking book by @Craig Curelop:https://store.biggerpockets.com/products/the-house-hacking-s...I also have a book (published by BiggerPockets) that you might find helpful.

It is a fantastic market to make some lowball offers on listed homes, and the investment off market sector is starting to a big uptick in production. 

Quote from @Vikas Jain: Yes, I have already seen the buy-in, im less concerned about that part of it, but just want to make sure its legitimate (plenty of opportunities where buyin is high but it doesn't always mean the product is good, just been burned in the past by others so trying to do better due diligence this time around)Their success rate, as of now, is 100 percent.

There's conventional products as well but FHA 203k allows you to do 3.5% down and with FHA 203k you can borrow up to 110% of the after repair value.With a low down payment product and a savvy real Estate agent to negotiate seller paid closing costs.

Make appointments with loan reps at some of the local banks and ask them a million questions about the products they offer and what matches the strategy that you are going for. 

Quote from @Trent Reeve: Quote from @Jeff Chisum: Make sure to check out the 10% down second home occupancy loan.  90% of the loans I originate are clients using this product to invest in STR properties.A lot of good information and a lot misinformation.  

There are a few builders in the area that offer this type of product.

Purchased in October 2024 and sold in May 2025, the transformation delivered a solid return and a beautiful finished product.

This looks too good not to develop into a product.

These arent terrible products in select use cases.