NEVER sign a lease until you have all the money, including security deposit. 

If I’m able to get an offer accepted at below 150, say 130 or 140, and put 20% down, would I be able to pull my money out of it @ the 80% after the appraisal?

OR see who in your network has the capital, wants to invest, but doesn't have the time to do so.I have seen individuals looking for $10k - $1mm at these types of meetings and there is more money out there looking for deals than there is actual investment opportunities at this point in time.Please reach out if you have any questions!

Their idea of managing their investment is "not spending any money today".

All money has been given to him. 

Borrow money with interest from friends and family.3.

If I’m able to get an offer accepted at below 150, say 130 or 140, and put 20% down, would I be able to pull my money out of it @ the 80% after the appraisal?

What is worst is when they run out of time on their current hard money loan and are paying penalties/very high rates for going past the maturity date. 

I have noticed a trend over the pasts 10 years where more and more of the people have zero involvement in the day-to-day operations of the property and are only raising money.  

I bought a property using a 203k rehab loan and I was wondering about what will happen if you have reno money left over in your escrow account when you refinance your property?