Syndication newbie, need help!

[Kevin Zhang]

Hi, this is my first post. I am a real estate investor but fairly new to syndication project. Currently I have a $6M project which I got hard money loan for 60%. I want to syndicate the other 40% to investors. What's the best way to do it? The dilemma is: the loan is secured by my company and personal asset, however it's loaned on the project itself. So can I claim 60% ownership of this project if I'm willing to be responsible for paying the loan payment and liability? Other investors might be afraid that if I default on the loan, then the project(their investment) will be in jeopardy. What's a good way to handle this situation? I don't think it's fair for me just taking 10-20% as equity partner since I got the deal and I already got 60% financing. Please advise...