203k loan with 4 partners on a quadplex?

[Adam Melon]

Would it be possible to some how structure a 203k loan through an LLC on a quadplex, of which all 4 partners would occupy each unit as their primary unit? Rehab it, and sell after 2 years - pay zero cap gains collectively (Assuming the property doesn't appreciate by 250k, which wouldn't bother me a bit lol). While I believe its not doable from the research I have done, I just feel like with all of us living in it, they would make an exception. Just seems like a win win for all parties involved. All units are being occupied, and the bank has 4 guarantors on 1 loan. Just don't see how the bank is at risk. If whoever is reading this knows its not doable, whats the next best thing to do to make 4 partners in a quadplex work? commercial loan?

Thanks