No money down. Is it really trully possible?

[Joan Pla]

Having a creative background, first as a professional musician and then as music video, commercial and content producer, I never thought I'd be so hooked in real estate investing and the potential that comes with it. 

With that said, I've been reading and listening to a good amount of conversations about little to no-money-down deals. 

I am looking at a property (triplex) in a B- neighborhood with very good schools around and very low crime. 

Total monthly expenses $1650 with a 15-year loan at 5% interest rate. 

Rent estimated at $1850-$1950/month. 

The property is off market with a selling price of $140,000 aprox + $15K in renovations. Maybe more.

So between down payment, closing costs and repairs, I'd have to front somewhere around $50K - $60K, which I don't have.

The strategy that I am considering is finding a hard money lender for this initial costs, with the idea that I pay back all at once when I refinance.

On paper, it seems a good prospect for which may be worth to due a solid due diligence but I want to make sure my strategy is entirely doable and be aware of the risks I have to keep in mind. 

Any comments will be much appreciated!