Illegal? Agent doing own syndications?
Hello all,
I’m about to get my license soon in the good state of Arizona. I’m looking to do my own syndication deals (general partner) to buy/sell apartment buildings and make my own commissions. I could elect to reinvest the commission to the property to make improvements, but get a bigger cut of the equity, and cash profit dividends. Or, I can keep my commissions and let my partners get a bigger equity position and more of the monthly cash flow.
I want to know if anyone else has done something like this?