What are my options?

[Matt Good]

Good evening all!

A dear friend of mine is willing to loan me cash as an investor (because you can't gift without heavy tax penalties I know) so that I can buy a distressed property and also have the funds to rehab it. I'd like to stay in the house for a few years so how would I pay him back? I mean can I borrow? We're talking $150k, something like that.

Thanks in advance!