How do I set up a private money contract and how do I start?

[Ryan Rush]

I own 11 doors now. I’ve always gotten a conventional loan or paid from pocket. I have great credit so it hasn’t been an issue. I have found great rentals where I’m from. Usually hitting between 1.5% and 2.5% on the rentals. For instance the last one I closed on was a 28,000$ cash deal with about 1,000$ repairs to put in a tenant at 650$ a month.

I would love to have another investor or several so I can pull the trigger on these properties faster and not lose out on them. I’ve lost several since the beginning of the year that I wouldn’t have if I had the cash to close immediately. They would have both been great investments.

I don’t understand how to structure a deal with another investor so we can both win. Help!