I have quite a few ideas in my mind, but definitely have no direction since I have no experience in REI filed.Also, in many TV shows they pretend RE to be very easy-money, which I am not convinced, yet.

Back in the early 80s in the hey-day of cable TV real estate gurus this was one of the go-to methods to attempt no-money-down transactions (anyone remember Ed Beckley?) 

I'd recommend connecting with actual RE investors and avoid the TV guru seminars that just sell training packages in hotel ballrooms.  

Angel Perez That's why its strange when I watch that TV show "House Wars" (or "House Battle"...can't remember the exact name).

There are properties that show up at auction that do go to investors, but its not like they show on TV.

@Daniel Smith  first off you excel at sales .. top producing RE brokers in your area I am sure are knocking down 500 to 1 million plus.. and who knows you could get a TV show.plus you will learn the rules of the road and terminology etc and you wont have to go fishing for it on BP.. take the course learn the industry then hone in on what you want to do.. but sales is a great gig and a high paying one.. and its a career you put 10 years in and you will do all your business for the next 40 years by referral.. also look there is one Commerical broker on this site Joel Owens check in with him.. that's were the big money is made.. get on with a commercial brokerage put in your dues and start making 50 to 250k pay checks don't get sucked into thinking there is a career in wholesaling.. unless you want to create an army underneath you its a tough way to go.

Couple these misleading articles with the resurgence of flipping TV shows and it's no surprise that there are tons of people lining up to get their feet wet.

I mean you could just lock up their Lear Jet and sell it at auction like they do on TV if they don't pay   :)

It seems to me like if there is a way to structure the deal 50/50 then it makes a lot of things easier, but also takes away your majority ownership.As for the amount of cash for the amount of equity, I am thinking of the scenes on the tv show Shark Tank where the "Sharks" ask the entrepreneur how much they want and all do the quick math to determine what the entrepreneur has valued their business at.

@Kevin Cardinale, rehabbing isn't as easy as they make it look on TV.