Strategy - Have investors waiting!

[Matthew Fuentes]

Hello Everyone!

I currently own a 2 bedroom property that is earning me almost 21% ROI each year (only one rent profits). Closer to 30% each year if you include mortgage payments and .50% house value increase each year.

I currently don't have enough cash left to purchase another place, however have a few investors who love what I do and want to invest with me. They are each willing to put in 20k (total of 40k).

Props I am looking at are around 160k turnkey. Perfect for a 40k investment! 

My question is how can I set up an LP to use their money to invest and set up a 5 year LP with profits paid to them and myself and allow them the chance to ask for their initial investment back after those 5 years? I have been racking my mind!!!

Thanks!

Matt