Giving up all equity on first syndication deal

[Andrea Pagano]

Would you believe to be a good idea for a beginner who hasn't done any deal yet to partner up with a more experienced syndicator and give up all equity to him? I was thinking on how to get around the first deal blockstone and this solution is the fastest I can think of if it is achievable. Basically the beginner would be trying to get the deal and the investor doing all the heavy lifting, they'd trust the beginner a lot more since he'd be the partner of the more experienced syndicator, deal closed and the beginner's track record is born. I'd love to hear your thoughts