Forming a partnership while in foreclosure

[Albert Jewell]

Does anyone know if forming a partnership with a homeowner who's in foreclosure legal? My plan is to write up a contract which allows me to be put on the deed, rent the home out for several years and sell for profit at the end of the contract. However, I'm not able to find anything that would suggest this is illegal. I'd appreciate the help of anyone reading this. Thank you.