Investor money advice - how to approach and how to structure

[Kelvin J.]

Hi all. 

I found a 3 bed, 1.5 bath property on a B- street that was a former rental ($1300 p/m) and has just undergone about a 90% re-hab.  It has no kitchen or bathroom installed, and so is not available for a conventional loan. I can't see anthing seriously wrong with the property at all, and to finish the rehab would cost approx 10K. Asking Price for cash buyers is 110K, ARV approx 150K. Possible flip.

I have an investor that has expressed an interest in doing a deal with me in passing (based on my recent successful rehab that is now rented and cash flowing). 

Do you have advice on how to approach him and how I might structure this deal to benefit both of us? Ideally I'd like to refi after the rehab and keep it as a rental.

(because the rehab is mostly done, I am not bringing much value other than the deal, which isn't under contract)

Many thanks, K