If you have the 50k you can maybe even use that to partner up with an experienced flipper and put some of that money in the deal as many want you to also have some skin in the game.

SAD BITW nobody is giving a dime without YOU having skin in the game, 

Its important to set boundaries, be professional and not let people get under your skin.

@Anna Sarvis, I understand the property they were first looking at is likely no longer available (likely because houses fall out of contract all the time).There are a lot of ways to skin this cat.  

You will need to get an attorney to draft proper documents which will include information about what it is you are doing.raising money today is challenging as people are losing money in other deals and hesitant to go into new deals, especially for newer sponsors or sponsors without a lot of skin in the gameit can still be done but you need to have rockstar sales people.

There’s more than one way to skin a cat and the one that resonates with me is the BRRR strategy.  

There are more than one way to skin a cat. 

Kind of like raising earthworms or Ostriches for skin care oil.  

And then I said, supposing you brought the light inside of the body, which you can do either through the skin or in some other way.

As a retired CPA, I have seen more than my share of bankrupted RE investors who were over leveraged with many properties.All the more reason to emphasize developing good due diligence practices, having some skin in the game and staying on top of legal requirements, maintenance, finance and tenant screening criteria.