In case you are looking for some good real estate bargains, you can always try to deal in some foreclosed properties. In case a home owner is not able to pay the mortgage amount in time he is forced to leave the property to pay back whatever he is owned. So, in case you need to invest in such property you may always have to start locating it first. Look out for any auctions or even foreclosure notice. You can also try to contact a real estate agent and let him know that you are interested in buying such property. You can always try to check it out with your local lending institutions or even your local banks for foreclosure details.