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Updated over 6 years ago, 05/12/2018

User Stats

28
Posts
15
Votes
Bradley Miller
  • Rental Property Investor
  • Harriman, NY
15
Votes |
28
Posts

Proof of funds - 3 days before closing.

Bradley Miller
  • Rental Property Investor
  • Harriman, NY
Posted
Friday at 430 bank calls to tell me I cannot use my two gifts totaling 24000 toward my down payment on my second three family. They say because it is an investment property gifts are no good. Closing was supposed to be this coming week. I submitted gift paperwork over a month ago and now I’m hit with this. Advice? Suggestions?

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