There are several reasons why investing in bank foreclosed properties can be a good idea:

1. Lower Prices: One of the main advantages of investing in bank foreclosed properties is that they are often sold at lower prices than comparable properties in the market. This can provide investors with an opportunity to purchase properties at a significant discount.

2. Potential for Profit: Bank foreclosed properties can offer the potential for profit in a number of ways. For example, investors may be able to buy a property at a low price, make improvements or renovations, and then sell the property for a higher price. Alternatively, investors can hold onto the property and rent it out to generate income.

3. Reduced Risk: Foreclosed properties are typically sold as-is, which means that investors can inspect the property and determine any necessary repairs or improvements before making a purchase. This can help reduce the risk of unexpected expenses and issues down the line.

4. Wide Range of Properties: Banks foreclose on properties across a wide range of locations and price points, which means that investors have access to a diverse range of investment opportunities.

5. Incentives: Banks may offer incentives to encourage the sale of foreclosed properties, such as financing options or reduced closing costs.

However, it's important to note that investing in bank foreclosed properties also comes with some risks, such as the potential for hidden liens or other issues that may affect the value of the property. It's important to do your research and work with professionals, such as real estate agents and attorneys, to ensure that you are making a sound investment decision.