Possibly overlooking opportunity?? -- Newb seeking guidance!

[Brooke Bussard]

Hello BP'ers! 

I am an agent and looking to invest. I purchased my SFR in 2019 prior to getting my license or being even slightly knowledgeable about investing in general. I switched to being a RE agent full time in December of last year so getting a low $ down conventional property is out of reach for me until I have two years of tax returns on 1099 employment. My home appreciated REALLY well over the past few years and I took out a moderate HELOC last month to have as an open option for cash of about 60K. My trouble is 60K wont get me far AND after sharing my passion for investing and learning closely about DSCR, Private money, and investing/exit strategies, Ive come to find I am SURROUNDED by people with money that dont have the tools I do or real estate knowledge but they WANT to invest. BADLY.---I feel like this is a great problem to have. But... I am trigger shy. I dont want to gamble someone else's money.

So... my question..... General partnership? Joint venture? What is the best way to grab these opportunites and get my feet wet in investing? Ideally, I didn't want to partner on my first deal until I felt "comfortable" in what I was doing. Do you recommend this? If so, which type of structure would you recommend? and why?

Second, I wanted to strictly BRRRR properties and scale rather quickly over the next 5-8 years. I want my potential investors to be happy with returns. Could I still BRRRR and pay my investors out of the refi if that's the case? Seeking clarity on how to make sure I'm making these investors happy (and not losing all of my money!)

Thank you! 

Brooke