I'm finding in really hot markets that sub2 deals aren't too prevalent in my local market anymore, so this is a strategy I will pick up again when the market goes back to an extreme buyers market again.

Unless you have an existing relationship and very LONG term track record.. this is virtually impossible to find .your best bet is an EQUITY partner.. to match up to the 70% LTV or LTC HML your going to get to secure the asset.DO not GET SUCKED into those that will tell you they can do it  just need to send them a few bucks up front.. those are pump and dump scammers.. which are very prevalent on BP when you ask for money.DOHARDMONEY in Utah will do 100% but they charge 3 to 4k up front.. and then a due diligence fee etc etc.. with NO gurantee they will fund your deal.. mixed reviews on them but I have heard they acutally can close a deal.

Use of this phrase is so prevalent in many markets - it should not be TradeMarked!

Wendell De Guzman thanks for your input I have one question as I'm also new to Wholesaling, how can you access data that reveal or show the statistics of the where rehabs or cash buyers are most prevalent in your city or county?

The reason being, most likely, the real estate deals are going to be more prevalent when the market is down.  

A lot of people still find decent spreads on the MLS too, just not that prevalent anymore.  

These properties are much more prevalent which leads me to my questions.

There are lots of changes going on now, reverting back to the old days when homes were financeable and lonnie dealers more prevalent.

I heard this particular problem is prevalent all over the country as  a lot of sons and daughters live in their  family home taking care of their MOM and DAD, then they pass away and they want to stay in the home they grew up in.

Many are clueless on just basic principles of being in the people-business.A laundry list:Poor communicationPoor responsivenessPoor market understandingPoor inventory awarenessPoor etiquettePoor negotiation skillsPoor contractual understandingPoor transactional/procedural understandingPoor client management (like the nuances with 1st-time buyers)Part-timer/not committedInability to understand client needs (especially prevalent for investor clients)LazyRudeAnd the harsh list goes on....