I am a buy and hold guy. It's a great time to buy. VA has a 100% loan, FHA 3% down and conventional 10-20% down.
This is for people who don't like to borrow money for any reason and are working feverishly to pay off their mortgage.
If I offer you $20 for $10, you might take it.
But let's say, you don't have it. Now, your friend will loan you ten if you pay back 12. So you do it.
You give me ten and I give you 20. How much of this do you want?
This is what banks do. They borrow from you and pay you 2-4% and then they charge 6-20% when they loan it out. That's called arbitrage.
If you understand how money works, you can become your own bank.