Many buyers are paying cash. Some of the properties can be financed while others cannot - this is due to the condition of the home. It can be difficult to get a Rural Development loan or even an FHA loan on this type of property because the home must meet certain criteria, including running water, working furnace and other. If you meet the criteria for financing, a conventional loan (will require 10% - 30 % down) could be your best bet. However, if these properties are below $40,000 you may have trouble financing at all. Some buyers are taking the equity from their principle residence to pay for properties. Investors are buying them for rentals or to flip and are using already established lines of credit. Hope this helps.. Good luck!