"In a Lease Option Wholesale Transaction -- the investor finds a MOTIVATED home owner, with a pretty house, willing to lease out their property for 12+ months AND ALSO willing to sell the property during that same time frame. The investor enters in to an "Assignable Lease with the Option to Buy Agreement" with the home owner. Then, the investor assigns his/her agreement with the home owner to a new tenant/buyer, for a fee (PAYDAY Typically $3,500-$35,000!!). The tenant buyer is willing to do this because it allows them time to live in the property as a rental while taking time to qualify for a home loan. I Do this VIRTUALLY. For Sale by Owners and For Rent By Owners are Everywhere! Those are your prospects! I'll show you how I get them saying, YES!"