There are many opportunities for real estate investors to buy inexpensive properties and fix them up and exit profitably... but they need something vital to make it happen. They need cash.
finding foreclosures
Foreclosures: Learn before you buy
How to Buy and Invest in Foreclosures
When the owner of a home has become unable to continue making payments on their mortgage, the home is often resold at a low price by the lending agency involved. This is because they want to make as much money back on this failed loan transaction as possible; they are not overly concerned with getting a big profit.