My guess is you will either have to gift him the cash to do the deal himself or front him the short term hard money loan.

Hi,He can gift the funds to you.I suggest that you outline in writing how and when you will start to repay the loan.

Despite this, it’s a full 6 acres right off of Hwy 183, a stone’s throw from downtown Austin.I essentially got this as a gift, and would love to sell if possible (can be flexible on price).

I see no deposit more common on the C class properties but some owners give tenants items like a free TV's or a gift card to Walmart to entice them in.

Sometimes organization is a gift.

Well, those would be gifts, not loans.

His down payment was a gift and at this point is irrelevant as to source of funds, but there is no skin.

All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserved.There is a case paying out in Collier County at this time.

Money is cheap, see if your parents will qualify for a mortgage still based on their income....I believer FHA still overlooks medical bills...with a gift from you for the downpayment.  

I have a relative that is willing to gift some cash and I can get some private money to cover the rest.