Turnkey Financing Options

[Keith Schuster]

So I'm just starting out.  I want to invest buy and hold for cash flow and I think turnkey is right for me at this point.  I understand that turnkey is largely a retail purchase.  Assuming I don't have the funds for a down payment and need to bring someone else into the deal to make it happen how would I structure this so its a win/win (I know - define win/win)?  I can't refi and buy them out if they are in for 100% of the purchase price.  I want to control the property and maximize my cash flow while using OPM...  Maybe I'm asking too much given I don't have equity to play with.

Would the only way to to do this be to split up ownership given they want to buy and hold just like me?

If they wanted to only finance the deal how could I eventually buy them out given the price point?

I guess I could use their money for the down payment and I could hold the financing on it.  Then just pay them back out of the cash flow

Maybe I'm over thinking this but I'd really appreciate feedback on what kind of options there might be.

thanks

Keith