Anyone use the Homestyle Renovation Mortgage to pre-sell flips?

[Nick O.]

Exploring a new strategy of pre-selling houses to end buyers based on my house designs. Wanted to know if anyone has had any experience with this mortgage product? Goal would be to find a wholesale deal then sell the end buyer at market value and make the remaining profit through the money paid on the rehab. Would appreciate any feedback.. thanks!

Here's a link that explains the loan:
https://www.biggerpockets.com/renewsblog/2015/11/2...