HELP: How Do I Utilize BRRRR and Private OPM to Accomplish This?

[Gregory Caccioppoli]

Hello all RE Vets/Professionals/Mentors/People with knowledge willing to help,

From my description you know the general issue I am having. I have access to funding through established relationships via performing construction projects for the private investors. I am tired of just getting paid as a contractor. Here is what I want to be able to do but I need some feedback from someone who has been in my shoes on how to structure a deal like this so that I can keep my lender(s) happy, and  put myself in a position where I acquire an asset, generate a nice source of income from the project, and when the project is done I created a source for passive income.

My Plan: 

I want to find a commercial or multi family residential deal that I can use the private lenders borrowed equity to purchase, renovate/increase the value (doesn't have to be renovate), 6 months later cash out refinance, then either A) pay lender back an agreed percentage balloon payment on the refi or B) the whole amount if there's enough to pay lender in full, depends on the deal since I am aware that I can only cash out on 75% of appraised value, and if I couldn't pay them back the whole amount on the refi, whatever balance is left over depending on the deal give them an equity stake in the property, or re work terms for the remaining balance based on the income this particular property is generating. My plan is to use the tax shields provided to RE Professionals to help my lender/investor maximize their return and me maximize my return. 

My Question in Summary:

Can this work? If so, What are some creative ways to structure financing for this? What does an investor want to see/expect return wise out of a deal like this (6%-10% APR)? What are the hidden/technical aspects of this plan that I should be aware of? How do I structure this so that it benefits both of us to the max? Can anyone offer me books that you think may help me knowing what I am trying to accomplish? Are there any books out there on a bunch of creative ways to structure financing for deals?

Thank you all in advance for any help you provide!!