I've used my own money so far and interested in learning more about the funding side of things.

It also appears Investor's Edge may have rebranded from their old company name "Do Hard Money".Propstream screenshot:"Investor's Edge/Dohardmoney" screenshot: if its a reboot of Do Hard Money one would want to read all the threads on that Utah based company.

If you are a partial owner of this land, I would not invest much or any money into it.

DSCR hard money loans can be great options for investors.

At this point I am reading books, saving money, and looking to make relationships in the investment community.

Sounds like this is a private money lender or a hard money lender.If you are getting funds from another source and relying on that to close, you should not put in the purchase agreement that you are buying with cash.

I couldn't save enough money for a down payment on my first real estate investment. 

I didn't have much money, and not much experience but I used my background in finance to put together a syndication and buy an old office building and drive thru on .59 acres with the purpose of developing housing.My passion was creating housing in a city with under 2% vacancy and skyrocketing housing costs.

The reality is that you need a lot of time and money up front to get your project started and you need to really work on building your credibility.

Its much harder to turn a property around in 6 months expecting to have 100% of your money returned back to you - but if you focus on the right property focusing on highest and best use with an ADU add (like mentioned), in-fill/lot split, or other rehabs - then hopefully a semi-decent property like that will perform like a champ in a few years.