All Forum Posts by: Ram Gonzales

So far, no, but for the right deal, maybe.

Do more deals with none of your own money! We provide gap funding to finance what hard money won't so that you never have to come out of pocket again. Asset-based, 24 hour approval, cash in 3 days, based here in San Antonio but service all of Texas. www.GapClosers.com | 210.960.2011

I'm a private equity investor looking for deals to fund in Texas, particularly the San Antonio-Austin area. I'm a gap funder so I won't fund the whole deal but for the right person and deal, I'll fund the gap to make it a no-cash deal for you. 100% asset-based. Funds in just a few days. Contact me for more details @ 210.960-2011 or www.GapClosers.com.

@Marcus Jackson, congratulations! Corridor Funding is definitely the way to go. If you're in need of gap funding partner, let me know.

Depending on your credit, you should be successful with a local bank. You might even get a good offer from a site like LendingTree.com.

@Kristina Modares

How long do you have to close? Are you buying at full price? How much are you putting down?

@Spenser Murphy 

Private money can work for rentals if you can get it at a reasonable rate, and many people do. Think of relatives with 401ks who are tired of losing in the stock market. 

Hi Spenser. It depends on what you need them for. If for acquisition, they might work with you, but they will likely take too long as compared to a cash buyer which means lost deals for you. Find a hard money or private money lender for acquisition. Use local banks for refi.

Who are you all using for hard money on flips and rentals? I'm offering gap funding to supplement hard money and I want to connect with HMLs that are actively investing in San Antonio/Austin. I also need reputable HMLs to whom I can refer investors who come to me first.

Welcome! You've started well by joining BP. Lots of great info and connections here. Wish it was around when I first started. Good luck, happy investing, and let me know if I can help. 

The answer to your question is very state specific but generally they are rather simple. In Texas, its as simple as a Trust Agreement and a Deed. I suggest you download some forms online for your state, then take them to an attorney to tailor for you. Usually cheaper than them starting from scratch.