How to structure private money for brrrr?

[Matthew Ray]

I'm looking to acquire a turnkey property.  The cash flow is about 500. However I don't have enough for the down payment. If I borrow private money for the down payment, how do I structure it so that I can still have immediate cash flow but return them their 8-12%?

[James Wise]

Originally posted by @Matthew Ray:

I'm looking to acquire a turnkey property.  The cash flow is about 500. However I don't have enough for the down payment. If I borrow private money for the down payment, how do I structure it so that I can still have immediate cash flow but return them their 8-12%?

Ideally you want to set it up to pay out & little as possible until you can do your refinance. The hard part isn't how to set it up. The hard part is going to be getting others to lend it to you & buying something so undervalued that you'll be able to pull enough money out to pay them back in full + interest.