@Michael FarrugiaWhat you could use is a product that requires no income verification, but will also use the new appraised value after renovation for value regardless of the title seasoning period.  

Yes, for verification of proof of income.

I invest with Family and friends all the time.The only difference is that I put my Family and Friends through the same rigorous process of due diligence as I do for my screening process of candidate tenants.Because you are buying together, I would be even more detailed and careful in your screening process for a partner.I pulled Credit, Criminal, Eviction, Income Verification, etc. on EVERYONE.

I overheard him talking to someone else about other scams he pulled some weeks earlier.

I have worked out all of the financials to a deal I currently have under contract. Can anyone recommend a private lender that is asset based for 100% finance ? If you think it's impossible no need to reply or say " Yo...

You wouldn't believe the calls i get from homeowners after a remodel or addition that need to get verifications for insulation after cover up.

Matt $6000 in closing costs on a non owner cash out refinance at 70-75% ltv should not be considered excessive if it's with an alternative lender, no income verification etc...Not sure what kind of loan you're getting.Stephanie

This is actually a very small minority (and a lot are scams too). 

What if they aren't knowingly scammers & were scammed themselves and decide to defend themselves?

I believe the best way to protect yourself from the up coming shady contractors and construction scams is to educate yourself.