Got a Property Under Contract --Looking for a Private Investor

[Tommy Vise]

I have a 3/2, 1600 sq ft home with a 2 car carport with a fenced yard. Needs a max of $9,000 in roof repairs and a central ac. It's latest appraisal was 60k. I'm getting it for $26,000. I'd like to offer an opportunity to an investor to get a 8% interest loan on 37k (26k + 9K) for a max of 5 years.
The investor gets first position on the deed and I pay them 8 % for a max of 5 yrs.
Very easy, very simple.

Borrow : $37,000
Interest rate: 8% (Interest only)
Payment: $247
Max time period: 60 months

Being a wholesaler in my area, I find deals every month. I wanted to offer the opportunity to a private investor who wants to get 8-10% return on their money. 

Thanks,

Tom Vise