How do I use other people's money (OPM) to invest in real estate?

[Gabe Morrell]

Hi all,

I've heard several people mention using OPM to invest in real estate. While this sounds great, how does this actually work and does it actually turn a profit? For instance, if I manage to raise private capital to fund a deal and purchase a successful rental property, how would this actually benefit ME when I have no skin in the game (i.e. money of my own invested)? Wouldn't all the cashflow go towards paying back my private capital lender?

I'm very curious to know how this actually works. I feel that most people make this sound really good because it gets hype and attention online, but I have yet to hear anyone actually explain in real terms how this works...