There is no such thing as a gap funding contract, @Marco Chaidez.I assume you are asking someone to provide the funds you need for the down payment and rehab costs on a flip you are doing?

This is how most hard money works now Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

My partner is unemployed and I have been making 100% of the payments. 

We are seeing some of the best deals on SFH and small Multifamily for those with 1031, cash or clients willing to put a little more on the down payment to break even on little cash flow.  

Keep in mind that "funds" are unsecured loans with 0 security as opposed to trust deeds which are secured by real estate. 

To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.

if you just buy a standard LTR with a conventional mortgage, you'll be break even or negative in most markets, and your down payment will sit there doing nothing.i own a condo in Stamford, and i plan to start doing more in Fairfield County in 2025 when i have more time. 

Also down payment required may be higher based off experience.

Do you have a large down payment now or a small down payment?

I'd like to use an online legal source to set up a living trust containing one asset only: a single family home.