Financial strategy

[Robert Williams]

 Good afternoon bigger pockets 

 I am looking for feedback our  advice 

 On a  Financial strategy  i'm looking at a 278 unit apartment building and also a second building with 363 units  The financial strategy that I'm thinking of  is finding private lenders  to put up the down payment to get into the deal and then split the monthly profits  with them until I can refinance the property to pay them their down payment back in full plus interest what is the pros and cons to this  strategy? 

 Thank you