Ever heard of Gifting Equity instead of cash? ?

[Troy Durrette]

Senerio:

Property owned free and clear, want to sell for $65k (valued @$75k) to family member with limited to no cash for down pmt. So I contract for $50k, they submit contract and gift letter to lender. Is this possible? 

Senerio:

Property not owned free and clear, but willing to gift SOME equity to family instead of looking for down pmt. Sell for $100k (valued @$125) submit gift letter and contract. Is this possible?