Its a needle in the haystack approach to in vesting; there is a lot of stuff you have to wade through to find that gem.

I know Japanese who invest in the US, got more than a few US clients who invest in Japan, and my mom (plus many others like her) won't look past Australia, even though you'd have better chances finding the proverbial needle in a haystack than finding a positively geared property anywhere but in mining towns down under (and these are here today gone tomorrow - not to mention you'd be hard pressed to buy one property for the price of five in the US these days)...and it goes on and on..

Talk about finding the needle in the haystack.

so i just cant see how it is possible in 2013 to find lease option.... i nm a positive guy but i just dont see it.. the guru neddle in a hay stack is not a good biz model... i already spent the money agressively... its just not there... lots of upside down...

If this is the spouse, it will typically indicate that or at least show same address for residence.I guess the only bugaboo that you might find are Brother and Sister who live together.I've made my living deal with anomalies; needles in haystacks, on a serial basis.

You can make money by going through to old tax liens however sometimes it can feel like a needle in a haystack. 

Deal Types Residential 1a. wholesaling, option flip or double close 1b. retailing - rehabbing, hard money or private money 1c. seller financing - sub2, wraps-aitds, installment sale, lease w option 1d. buy retail w bank financing 1e. private lender financing, they are bank, you buy it and pay PITI 1f. jv financing - their credit and money, you do work, you split net profitNew Financing Needed 1b) retailing, 1d) buy retail with banks, 1e) private lender financing, 1f) jv partner financingUse existing financing 1c) seller financing, no credit needed, low downpayment, dodd frank issues maybe, maybe notNo Financing Needed 1a) wholesaling, 1c) seller financingPlusses and Minuses 1a. wholesaling, option flip or double close - needle in a haystack, 1 out of 100 motivated sellers, hard to negotiate a 50% of appraisal deal, need to know your Cash Buyers rules and be patient with your marketing, takes 4 - 7 months to get traction, many wholesalers - rehabbers throw 2 - 4 thouseand a month in direct mail to get deal flow, not all leads are good, you need patience.1b. retailing - rehabbing, hard money or private money - Biggest profits, needs to be organized, needs to know construction, manage builders, deal1c. seller financing - sub2, wraps-aitds, installment sale, lease w option; with no equity deals, you can buy on terms and flip the contract; free and clear houses you can buy on owner financing and rent out.

In closing, when you compare this with the "needle in a haystack wholesaling", that takes 6 to 12 months with consistent direct mail marketing.

Since many have posted that wholesalers are tasked with finding the needle in the haystack, are you limiting yourself by focusing on a specific area.

You are running all around for a needle in a haystack to make a few k at best.If you count the time you spend meeting people,talking on the phone,doing your mailers the returns aren't that great.It can be a good way for people with no cash to get in the investing game.Now if you are a flipper and have excess deals and occasionally wholesale one off that is different.Time to time I might come across a really good commercial deal to wholesale but I don't do that all the time.