@Alex Chin,You won't really know until you explore them.They could be ripe for the picking.They could be sellers willing to wait for the end of days to get their price.Time to go find out...

Exploring that idea for now...

You would be amazed the appetite out there to find a reasonably safe investment with someone who they know, that pays them at least 8% (which is the usual preferred rate these days for investors to ask for).  

At least you would get a tax deduction on a portion of that money.The key is to not quit your day job while you are exploring.  

Or sell them at highest bid as a cash sale.

I'm located in Irving, Texas and am interested to explore the real estate market and invest in my first property.

It doesn't matter if you are young or old, totally new or need to build upon your experience.Yes, you have just announced a commitment to the thousands in this community about your seriousness regarding REI and have taken this bold step to affirm it.Your time on this site and with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.You are here at the Forum, but, should raise your mouse to the top and explore the otherheadings displayed.Don't get overwhelmed by the massive amount of data archived on this site.Simply, bone up on the areas that you need to expand knowledge in such as, Forums,Marketplace, Learn, Network, Analyze, Resources.Feast on the Podcasts, #askbp Podcasts, blogs, webinars and the myriad of bookrecommendations.Also, you can review the quick links below to help solidify your grip on this site. http://www.biggerpockets.com/starthere http://www.biggerpockets.com/ubg http://www.biggerpockets.com/meet Setting up Keyword Alerts How to Use @Mentions on BiggerPockets 25 Tips for Real Estate SuccessAfter becoming more knowledgeable and confident because of my above suggestions, take action to snag your first real estate investment deal if new or add to your existing holdings if you have prior experience.Don't get caught up in analysis paralysis.You must immerse yourself in the RE marketplace locally in your neighborhood or afar if the situation warrants it.Take calculated risks if needed and you shall be rewarded!"

Keep up the hard work. thanks, i figured if i bought my leads and used yellow letters to send them out for me ill come out cheaper vs doing them at home and sending them off my self. but until i make money ill do it my self to feel the burn lol i appreciate the motivation sometimes in this business the small things go along way

I hope someone can help me out, I have explored into the world of Lease Options and I am looking for a great mortgage broker that is familiar with structuring these deals for financing.

Your right mary I havent been looking as hard as I should I saving now to do some direct mail campaigns and a few other marketing avenues.Delon im in central ohio so definately there but i have the freedom to explore other markets if it makes sense.