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Updated about 4 years ago,

Lonnie Thomas's profile image
Lonnie Thomas's profile image
Lonnie Thomas
  • Rental Property Investor
  • from Chicago, IL
  • Member since Aug 30, 2015
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User Stats

19
Posts
5
Votes
Lonnie Thomas's profile image
Lonnie Thomas's profile image
Lonnie Thomas
  • Rental Property Investor
  • from Chicago, IL
  • Member since Aug 30, 2015
Connect
Lonnie Thomas
  • Rental Property Investor
  • Chicago, IL
5
Votes |
19
Posts
Creative Real Estate Financing

Gift Letter to close on property

Lonnie Thomas
  • Rental Property Investor
  • Chicago, IL
Posted

I am just about at the finish line on closing on my first investment property 11/4 is the close date. I have an investor gifting me the funds to close. The bank is making it hard saying that a friend can not gift the funds, that it has to be a family member. Has anyone had a similar experience?

Thanks

LT

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