Syndication Question for purchasing apartment complex

[Carl N.]

I need some help identifying the best or available methods(syndications, trusts) for purchasing an apartment complex.

I have a track record in the area and have identified potential investors.

I would invest 33% of total amount needed down and have avenues to raise the rest just not sure on the following:

- How to structure it legally

- How to secure the property before having the money needed

- Suggestions on options for splits when acquired or additional equity granted to the sponsor.

They are asking $7.5M for property

Current gross income $447K.