how to find deals, is foreclosure a deal? how does things really work

[Mohammad Jaradat]

Hi,

i'm pretty new and trying to figure out how things work, i did read all the books available on bigger pockets and i still have questions. it seems a deal is usually made by a face to face contact with a desperate seller.how to find the desperate sellers?

is foreclosure a deal? is auction a deal?

i have been checking different websites trying to gather info. for example the site below which shows states/neighbors appreciation rates

http://www.neighborhoodscout.com/

should i care about appreciation rate and try to invest in that areas? or how should i try?

i have a real estate agent who is an investor who advised me to buy brand new homes ( i live in Louisiana) as there prices is cheaper and it appreciate faster and he has 7 of these. i'm not sure if that advise is valid or not and what i should do.

all insight on how to find deals etc is highly appreciated and i have no clue about marketing as well.

my main concern is that i want to start with 100K home 20K down payment maybe 150K home but i do not have a lot of cash to do a rehab i thought about HUD homes but i don't know if they are good deals or not, and i don't want to risk so much which my current finances as well multifamily homes almost do not exist in Louisiana as per my research and i can be greatly mistaken. so i'm thinking single family home or multi unit in a close by state with reasonable homes prices 100K-150K or cheaper

all help and advises is appreciated

Thank you

MJ