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Updated over 5 years ago, 08/22/2019

Jeffrey Townsend's profile image
Jeffrey Townsend's profile image
Jeffrey Townsend
  • from Charleston, SC
  • Member since Jan 10, 2016
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User Stats

32
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7
Votes
Jeffrey Townsend's profile image
Jeffrey Townsend's profile image
Jeffrey Townsend
  • from Charleston, SC
  • Member since Jan 10, 2016
Connect
Jeffrey Townsend
  • Charleston, SC
7
Votes |
32
Posts
General Real Estate Investing

Gift money for investment property downpayment

Jeffrey Townsend
  • Charleston, SC
Posted

Is it true that you cannot use gift money as a downpayment on an investment property? I am being told by my lender that underwriting requires money in your account for 60 days. Is there anyway around this?

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