Structuring a deal to a private money lender

[Gregory A.]

I keep coming back to this topic about private money lenders and how to structure a deal to benefit them. The type of lender I am picturing is someone who is just writing a check and outside of that is not involved in the day to day of the property.

For the basics, a figurative property that costs $500,000 that is a commercial property would require a nominal 25% down payment or $125,000. Since I would be the one handling any up front rehab and repairs and also the management of the property, how do you structure the deal such that they feel as though it is a good deal to them? Are they on the title? Since I don't have money in the deal, am I even on the title? How would you split the percentage that either party would own? Since they put down all of the money, do you not own any of the property or are you not entitled to own any of the property? 

I would love to get some feedback from people who are private money lenders or who have used them to get a deal and how they structured the deal. Have you exited said deal, and if so how was it split?

Thanks!