hi guys,I have saved a 20% downpayment a property but struggling to save the remaining 65K for fixing the property up.Example, the property cost 150K, I saved up 35k, but struggling to save up an additional 65K to do the rehab (my understanding the lender will not give me the rehab money right away, I have to pay my own money to start rehabbing and the lender then will reimburse me in stages the rehab portion)Correct?

Disclosure - I've never invested with Summit Capital Partners but know their projects, and know a few investors who have put money in.

BiggerPockets (BP) does have some tools and templates that can help keep you organized (like checklists for inspections, title, and earnest money).

I know of many people that made money that way and it was perfectly legal.

We don't have the money to put down a cash offer and are assuming that a bank won't want to provide a mortgage on a distressed property.

It’s a way to make money without doing as much work as traditional flipping.

My earnest money is now stuck since seller is not available to sign the mutual release form.

It's not a great idea or investment if you are casually getting into it to save money on taxes.1.

The truth is, everything works - and so everything can both be a good investment or a waste of money lol! 

I only had one month to sell it before my hard money loan expired.