How to structure a flip

[Min Kang]

Hi guys.  I'm starting to learn about real estate investments - flipping houses to be specific.  And I first want to say thank you for this venue and all the people who are readily available to help.  I had a simple question that I'm sure can get quite complicated, but if I were to raise 300k and to purchase a home thru a loan and use the 300k for down-payment and mortgage costs until rehab and the sale was finalized - If the investors weren't actively participating in the rehab but were just the financiers of the flip, how would we set up the sharing of the profits? 

Ive looked online and it's a little daunting as I haven't yet learned all the terminologies and it gets too complicated for a novice like me real fast. And just the landscape of real investments is so vast its hard to find one source for this particular arena.  Thank you everyone in advance.