Not sure of the concept or the financials, but does anybody see and legal issues?

How should I be framing this concept financially?

So if I pay him 8% on his loan to me, he would basically net 4% himself(Given these are not exact percentages)Is that correct thinking?

So, those scammers would buy a fixer upper for 70K, put in new windows (vinyl windows was a sure sign of a fraud, because no restored home would put those in) and do a basic renovation.

your running a bunch of different concepts together.. suggest you really get a little more educated on the subject before just asking for advice on the internet.. we do a ton of infill building each market is different.. and there are about 3 or 4 different insurance products.. so you need to be specific..  

Get basic cooking things--toaster, bender, set of dishes, pots and pan, mixing bowls, mixer, serving spoons, spatulas, flatware, etc.4. 

However, a 203k loan is basically a HFA loan that also allows you to also roll in the renovation costs - https://www.amerifirst.com/amerifirst-blog/bid/866...This is probably the best fit and I would find a local banker/broker that can assist with this.  

Basically I’m 127k into the finished flip.

The court is basically giving all the relevant parties an opportunity to chime in on the distribution. 

I was speaking to an investor earlier today (who does basically zero real estate).