Partnering with a home builder when you own the land

[Adam Martin]

Has anyone ever owned a buildable lot of land and instead of selling it to a builder, created some kind of partnership with a builder where you provide the land and they provide the building expertise and you somehow split expenses and then split profits when you sell the new home?  I have an opportunity to purchase a lot for a decent price, all things considered, and I'm trying to wrap my head around how I can make money by building a new home and selling that house as opposed to just flipping the lot to a developer.