Thanks for the answers, however I'm sure how this is would be illegal. I'm not representing anyone but myself, I'm not pretending to be a broker. By becoming a partner in the deal I would think that would make me a principal.
Isn't it legal for a syndicator to take a percentage ownership for arranging everything?
What about if a friend and I want to do a deal together. He puts up the money, I find the deal and help manage it; but I get an ownership percentage. That's basically the same scenerio as my initial post just worded a little differently.
I do want to be above board, that is why I'm asking questions like this. I also want to be a little creative and create value for everyone involved in such a transaction.
May 22, 2009