Using other peoples money…

[Joe Young]

since selling my primary and using profits to invest… we’ve acquired (since sold) a few rentals, done a dozen flips, and bought commercial properties all in the last year.  I have used hard money loans mixed with my own funds.  

After gaining experience, I want to use other peoples money for all my deals.  MAINLY down payments… I don’t mind using my cash short term, but how do I structure private money for down payments?  I have used a lender that was ok with 2nd position, but those are few and far between… but also - the banks don’t like that I’m borrowing money from them, and also borrowing the money for the down payment.. 

again, I have the funds, about $1 mil cash… but I want to leave that available for quick home run purchases, and operating funds.  I understand I need to have skin in the game, but very hard to scale when you have cash sitting in long term holds.