Hello, I am unsure if this is the right place to post, as this is my first post, but I wanted to know if anyone knows how www.settled.co and similar companies earn money.

You could always sue the contractor, but without an insurance carrier picking up coverage you are throwing good money after bad. 

Another route you can take is using hard/private money on a cosmetic flip using the BRRRR strategy.

Meaning if someone gives you $500k and you only are using $100k, you are still going to be paying some fees on the $400k because the lender needs to keep that cash on the sidelines.You are better off getting either DSCR loans for each or hard money at 12 months and interest only with extensions but realize that money will not be cheap. 

I have looked at many hard money lenders before pulling the trigger.

Wholesalers will send you properties that fit your buy box, and you can work directly with them and a hard money lender to get the deal closed. 

If not, then don't spend the money.

*Tracking my time and the items from "Money for Tomorrow".Thank you for all and any assistance

You only pay on it if you withdraw the money.

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further.