Most agency loans will expressly forbid such an arrangement, so if they found out, the odds of having the loan called would be very high. 

I spent years there in Jackson did probably 1000 flip loans to locals and owned at one time 200 sfrs..

Premiums in Iowa, Minnesota, Montana, Utah, and Washington jumped by more than 20 percent.The insurance situation is especially serious in California and Florida.In 2023, around 7 percent of realtors saw deals fall through due to insurance issues, with the share jumping to 13 percent last year as of October, according the California Association of Realtors.

This is dependent on your personal situation and strategy.

.🔹 Creative Financing – Traditional loans don’t always work for distressed properties.

Rates tend to be 25 to 50 basis points above commercial (5+ unit) apartment building loans, and 50-100 basis points above residential (1-4 unit) loans.

The only way for you to understand the situation and evaluate your options is to ask a lot of questions.  

tough one.. generally you have a captain and then crew.where I have seen this work is through an earn in situation.

Perhaps check with a local attorney before proceeding.I realise I left some stuff out in the beginning, but the whole situation in general is just pretty wild.

Contractors have difficulty getting loans, and you could be the money guy.