It would help to post where the property is so people can contact you if they can help you. Also, 1/2 of something is a lot better than all of nothing. Look for a partner and get it off the market before someone comes along and takes it from you.
Why would you have to pay a hard money lender at all? Contracts and options don’t typically require that much money. If you get an option or a contract that requires earnest money, how much consideration do you need?
Also, I’m don’t know what kind of hml would lend on an option or contract. They are typically equity lenders and need the property as collateral. Sounds like you need an investment partner or a personal loan. That being said, the only way I know to find investors is to ask everyone you know. It’s hard in the beginning because you have no track record. And, in my opinion, if you are strictly the working partner and not putting any of your own money into the deal, that reduces the pool of interested partners. Not to mention that money partners in the ventures I’ve been exposed to usually get the same share or more than working partners.
So, is the property for sale? And will they take an option? And how much of a consideration do they need. Happy negotiating, Kristine