I need help structuring a deal

[Rob Sasser]

So I am currently a buy and hold investor.  I have a bit of cash where I can buy one property and rehab it with my own money, then take a mortgage out on it after it is finished up and do another one.  I would love to be able to do more then one at a time.  I believe I could find a financial partner to help me so I could do more then one deal.  So how could one structure a deal that would be good for both parties in a buy and hold scenario?  I know with a flip you could just split the profit at the end of the deal but not with buy and hold.  

Just kicking around one, maybe the private investor could buy the house with cash, I could pay for the renovations, and then when I am able to secure a down payment and financing I could buy it back from him at a pre set price making him a good interest rate on his money?  And if I went with this scenario, is there financing to where I would not have to come up with the down payment since the loan would be under 70%arv (since I rehabbed it)   

Any ideas would be greatly appreciated.