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Updated over 8 years ago,
HUD multi in Boston and Gift money for downpayment
Hi Everyone,
I am working on my first deal. I got the property under contract. It is 3 units in Worcester county, MA and it is a HUD deal. Financing through FHA 203k. I don't have all the money for downpayment and closing costs I have been told I need to get a gift from a relative.
What should I do, how I can get through it. Anyone has advice or insight for me please?
Thank you in advance!