ok, it is time to start seriously looking ...

[Jason Schmidt]

Alright, I have heard of all these deals where you can buy a 100k house for 5k out of pocket and the 100k house already has 30k equity and such. I can goto har.com and search foreclosures, all kinds of property in my area, etc. But here is the catch: I don't know what I'm looking for!

how do i know what is a good deal? What should i be looking for? how do i run into those deals that already have equity into them?