Structuring investor packages to fund multifamil apartment buy

[August Armbruster]

My siblings started to invest in multifamily apartments in 2016. We currently have 3 properties (93) doors in our portfolio. We own and operate all properties. We have financed every deal with conventional financing (20-25% dp with a bank loan). We used our own capital as the dp for the three buys. We are purchasing a new property and we want to start using outside money for capital. I would like to approach my inner circle of friends and family with a lucrative deal for both parties but I'm looking for feedback on how some of you structure deals like this? Thanks!