Can someone please tell me, what are the best ways to source and bid on Foreclosures?

Just search and try to find ones that understand sourcing investment properties. 

Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal level Learn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are needed Know everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.

Often times, their approval processes are slow.Credit Unions - Their member structure also subsidizes their financial structure so they can also be a source of low-cost financing.

@Chirdeep BhutaniFrom various sources, values peaked in 2022, and have gone down about 20%.

For me they've been a great source of ideas, resources, energy, and comradery.

I know a lot of people who started running ads on radio in other markets at the same time I did and they are killing it and it is their main marketing source. 

Water is the root of all evil. 

Are you having more success sourcing off-market properties, or do you focus on distressed opportunities through agents or wholesalers?

The skill comes in sourcing deals that arent only on the MLS.