The structure is worth maybe 20K.

One glaring clue is that the e:mail correspondence will be disjointed and feel awkward to read -- spelling will be accurate, but phrasing and sentence structure will not be of the caliber you would expect from a highly-educated professional.Variations on this scam can be very sophisticated: Some operations have "mules" on the ground here in the states, and most of the time these people will not know they are pawns in the scam.

With me being originally from Columbus county NC, and the rural coastal areas i believe the are there for bigger money investors, im just starting out and my line of credit isnt that big just yet, ive been in touch with realtors in the wilmington area but the homes after inspecting all have major isuues....termites...structural...or title complications....thanks everybody for giveing me this great advice, im not going to give up....Living here in Charlotte I believe the market is a tad bit inflated and everyone has taken a course or two in short sales or foreclosures, now when one comes available everyone jumps on it and it gets inflatted quickly taking the profit margin out...

Buy the house from her and give her a downpayment and structure your interest payments to her as low as you can.

I don't suggest paying cash or using your current savings...I strongly suggest you check with an tax accountant familiar with your situation and your area's tax structure.

How would you suggest I structure this for these private investors; JV, Syndication, etc?

So to be safe we used $115k as an ARV to structure a wholesale deal around.

So I basically have seen two basic formulas on these message boards to determine whether or not a property is a good buy.For rehabbing: (ARV * 70%) - repairs = Max Purchase PriceFor Renting: Rent * 50 = Max Purchase PriceI would like to buy a property to Rehab, but be able to fall back and rent it if I can't find a buyer quickly... while also having positive cash flow after mortgage and operating expenses.If I put an offer on a property for $25k and the ARV is $50k (if I put in all new flooring, paint, and redo the kitchen and both bathrooms) that leaves me $10k (According to the formula) for repairs which I could likely do if I'm doing it all myself.BUT...That would have me with $35k into the property, and I am only confident of being able to rent for $600...

We have just begun to see the losses my friend.Flipper, I traded on the floor of the LIFFE exchange arbed options, traded cross currency options, went on to do structures commodity products and trade energy derivatives.

Also, I want to create some type of business structure so that everything is legit and I can take advantage of tax deductions.* I've created a spreadsheet to help me evaluate whether or not a deal is worthwhile.* I'm developing my email database to act as a buyer's list/notifier.Is there anything I'm missing?