Can 5 trades people build a house together? using an interest only loan or...

garry

New member
...would they each have to get a loan? Lets say 5 people, an electrician, plumber, builder, painter and landscaper got the idea they should all chip in to buy land, build a house and sell it, then repeat.
some are married some are single, they all are renting and this would be a great earner if it could be done,
so how could it be done?
I was thinking separate loans would be needed from each person involved if they don't have the savings, but is there another way?
 
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