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

garry

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...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?
 
no bank would loan any money for
this hypothetical idea
 
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