Is it legal to find a temporary partner?

Is it legal to find a temporary partner(s) to get a loan and buy a $50m property, then refinance to exit them? At the exit, they get paid $200K and $10k per month from the property purchase date to exit date?
And if this is legal, where can one go about finding such partners?
In Buying Property - Asked by Julie O. - Nov 21, 2009
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Answer(s)

Gregory G.
Broker/Agent
San Francisco, CA

Sounds like a walk in the park.
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Gregory Garver - Commercial Real Estate Broker
Broker License# 01716531
(415)225-9894
gregory.garver@gmail.com
Web Reference: http://www.gregorygarver.com

Dec 3, 2009
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