Partnering with a builder vs Hiring a Builder; What do I Do?

[Jamie Parker]

After couple years of wholesaling deals to developers and investors, I thought I was in a good place as it relates to knowing what to do in the event I decided to take down a deal myself. When I say "myself" I mean hiring out the work. Find a builder, a GC and He would take it from there. Wrong,...kinda. After speaking with lenders, just a hand full, I realize there is a gaping hole in what I am attempting to do here in Memphis. 

If I were to partner with a builder how can this scenario be structured? I have the land and the plans. How do I partner with a builder. Why am I partnering with a builder? After speaking with Lender, their requirement is experience doing Ground Up construction. Obviously, I do not have that experience so what benefit is it to a builder to work them in with the Lender as a partner? 

Reason I am digging into this question is because making it known that my plan was to hire a builder, that scenario wouldnt suffice in the situation. Any thoughts on the matter?