In Search Of Hard Money Loan For 1st 'Flip & Sell' Project In LA

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I, along with my dad and brother are new to renovating properties. We are in the planning stages to align everything to begin renovating our first single-family residence. Our first goal is to find a hard money lender that will work with us.

My dad, and brother are residents of Georgia and would be applying for the loan because their income should be sufficient enough, and is also more steady than mine. The project's location would be in Los Angeles because I currently reside here, and I'm a real estate agent who can assist in purchasing and selling.

What are some ways where we can eliminate the down payment on a purchase transaction? We are very interested in a equity based hard money loan that I've been hearing about. If needed, is it possible to find an investor to contribute the down payment amount in order to receive the loan?

'Scenario' - A property that we are interested in recently expired on The MLS, and was listed at $1,099,000. An offer can be presented for less than the list price (Estimated: $900,000) because home is currently in demo state. The offer would include a request for the seller to pay for the buyer's closing costs.

Also, we have been researching a few contractors to help in the remodeling process.