hiring a "paper contractor" to pull permit

[Dennis O'Dell]

Long time lurker, first time poster.....hoping to get answers on using a GC to pull a permit and do minimal oversight work

Background: I am not a licensed GC, however I recently acted as an owner-builder for my personal house.  Everything went very well with the project. The house has a really nice floor plan that I spent a lot of time drawing with an architect, and I'm really happy with the way it turned out. Subsequently, an acquaintance asked me to be a project manager for a personal residence he was self-building. That project is wrapping up and has also gone well. At this point I feel decently confident with running small residential projects

Now a friend who owns a lot has contacted me about partnering up and building a spec house on his property. He wants to build an exact replica of the house I just built for myself. The problem is the city where this lot is located requires a licensed general contractor to pull a permit unless you are owner occupying the property. I know exactly how to build this house, how much it will cost, etc since i just built it less than a year ago, and do not want, nor need to pay a GC ~50k to do it and eat into our profits. 

So my question is: has anyone ever entered into an arrangement with a GC where they would be a "paper contractor," let you use their license to pull the permit, and provide very minimal oversight for a small nominal fee, maybe say around $500 or $1000?

[Glenn Banks]

Dennis O'Dell Dennis if you're willing to spend $1k, why not just take the contractor test and get the license. After that you can get insured. Then you would be a paper GC. You said you have all the skills and can draw up plans, manage builds, & manage subs so essentially you would be a GC. $500-1000 is no where near worth it for any GC, unless that GC happens to be you.