I want to know how you would structure the deal and if it makes sense.  

For purposes of this provision (lines 150-156) Defect does not include structural, mechanical or other conditions of which the Buyer has actual knowledge or written notice or which Buyer discovers prior to the exercise of this option.Ok s I am not sure what to do for this section.

A Builders Risk policy is structured to cover a property during renovation.I'll PM you some additional info.Good Luck!

Gregory Carcaci it will be hard to find 100% financing but a JV could be structured where you get a certain percent for finding the deal, possible rehab and selling.Send me a PM with the type of deals and areas in which you plan to focus.

 $5,000 (could go with cheaper laminant and save $1,500)4) Gut the two small bathrooms $7,000 (Replace bisque jetted bath tub with white standard tub, reframe leaky tile shower, replace vanities/ toilets.)5) resurface kitchen cabinet doors $1,6006) granite counter top ~$3,0007) Remove structural wall separating living rooms $2,0008) GE appliances $2,200There is other work to be done (HVAC, foundation, paint etc.) but items above are the ones with potential for cost savings. 

Many mortgage brokers can structure the loan in several different ways.

@Kurt Pourbaix I agree with other responders, as described this sounds more like a joint venture than a lender/borrower situation.However, talk to your accountant, there may be ways to structure your arrangement so part of it is lending (with interest income & principal repayment) and part of it is investing...if that would be helpful to you and your tax situation.

Creative deal structuring. 

Since you have just started your journey, I'm curious to know how you structured your business. 

I am a GC in Cleveland and this is exactly how I structure payments and schedules with my clients.