How to structure private money or partnership

[Robert Murphy]

I have a agreement on a single family house in walking distance to major university in Ct. Here s the deal

purchase price 143000

down payment 28 600

mortgage 114 400

P +I 5% 614

tax 280 month

insurance 90 month

property mgmt 156 month

property mant 250 Month

Oil 250 month

water sewer 83 month

cap impro 2% 52 month

vacancy 6% 156 month

Total 1,93100 month

rents 2,600

net oper income 669 month

Student Housing students pay between 500-600 month per room plus electric cable internet

Description of property

Ranch 1000 sq ft 3 bd 1 bth main floor 2 bd 1 bth fished cellar all bedrooms rent able New up dated kitchen all paint in side an out less than 2 years old Boiler and hot water heater less than 2 years old ready to move in

I am going tomorrow to approach a interest person in ether a private money loan for down payment or partnership in property I have Never done this before, how would I present this to him He has stated he would be interested in ether or depending on the deal Thank you,I would appreciate input on this mater. I just struck deal last night need to meet potential private lender /partner tomorrow Bob Murphy