Lease-Optioning viable in Chicago

Lease-Optioning viable in Chicago

Is lease-optioning w/assignments (wholesaling) a viable strategy here in the Midwest, namely the Chicagoland area?

__________________


Lease Option Wholesaling

It is a viable strategy in the vast the majority of the country. Some places are more easy to apply it. For instance, are the majority of the homes facing foreclosure owner occupied, primary residences? If not, then the strategy is harder to apply. Also, how is the local economic situation there, is it stable? Are people losing their jobs enmass, stretched thin? If it is not stable, again, it might be harder to apply.