Do I have a JV or a syndication?

[Sam Epperson]

Have 1 business partner who will handle investor relations. We are buying small multifamily deals near me, which I will be the Asset Mgr of. 

My partner has connections with 5-6 investors who would supply the down payment and rehab money. My business partner will be bringing some money as well. Together, my partner and I will split duties on managing our deals: I will take care of due diligence, sourcing deals, underwriting, and ongoing asset management. He does investor relations and helps in decision making. 

Do we have a JV partnership with the two of us plus the 5-6 investors, or are we the GP of a syndication deal?