Im buying a zombie subdivision

[Scott Moore]

I have been flipping houses for 3 years now I. Northern Arizona. More specifically I specialize in modular and manufactured homes, so my deals are a bit more like new construction or "demo and replace".

Currently I have a 69 lot subdivision under contract that is ready for homes. I have it under contract for 1.95m (the sellers put about 2.8m into it before the market crashed), we are getting a great deal.

I have a lisenced private lender who wants to lend 1.7m and I have a handful of private individuals what would like to invest the additional capital to do the project. The private individuals would most likely be equity partners. 

That's where I'm at right now and my quests are

1. If we take on these private investors what do we need to do to cover our associates? PPM?

2. Since I have a lot of interest, but no capital of my own, what strategies would you recommend I look at for raising get the funds?