ideas on how to structure private money deal

[Carl Fordyce]

I currently have 4 rental units and I'm looking to grow my rental portfolio and in order to do that  I'm looking at other financing options. I have a few friends and family members that expressed interest in possibly doing some private money lending to future deals. does anyone have any ideas that they wouldn't mind sharing on some ways to structure a private money deal for a buy and hold purchase in which it makes sense for the private money investor and myself without having to give away a equity position in the property.