Private Money - What's the best way to approach them?

[Roy Assaf]

Hello friends,

I made a list of ten people I know personally and I want to approach them about raising private money (either from them or people they think might be interested) for quick flips in the New York City area. I don't have a track record yet since I'm starting out but I'll present to them each deal with an organized professional presentation including the numbers, time line, rehab estimate coasts, profit and more. 

I wanted to hear some opinions about what's the best way to approach them.
Should I present interest based loans or profit loans? Should I mention any numbers or let them bring it up?

Thanks!