Private lending structure

[Robert Youngquist]

I have a family memeber willing to commit up to 200k for private lending. They do not want involved just to make more return on the $. I'm sure I need a lawyer to structure the contract but how exactly does this work? Is the money in an investment account or is it by the deal. I have wholesale deals coming in but want to do more wholetailing, spruce up a little and list on MLS or with group of investors. Basically I want to approach this person with as much structure and answeres as I can. To present a solid buisness plan as their may be others clattering for their $ too.