What would be a reason to use hard money for a purchase when you know the property would not appraise enough to pull all your investment out

When it was purchased in 1995, it was raw land.  

Purchasing a fix and flip from a seller that had prior issues with GC and is concerned that GC may file a mechanic's lien on the property even after the property is sold to me.

@Josh HaneyI would possibly purchase a smaller deal to get some type of proof of concept.

Also, from any lenders out there...are the same number of points available for purchase as with a standard residential mortgage?

How can I bring value to them as a new investor.Me and my partner have purchased, renovated and operated multiplex (triplex) properties in Canada.

I buy regularly but have not purchased since Dec 2021 due to the numbers not meeting my but criteria.  

Purchase price: $500,000 - 19 occupied spaces, currently grossing ~$6,900/mo- 9.5 acres with enough septics and wells (and approval from the county) to have a total of 44 pads!

I’m looking to purchase this lot of land.

That will influence your how much you get in funds for buying the land and for construction, as well as how much you need to put down for closing costs.If you don't have the experience you could partner up with someone with experience whose also got cash to help you with this deal.