All Forum Posts by: Jaret Brown

@Scott Shold thank you so much for all your insight. I definitely didn’t think about the bank wondering where the money was coming from. My thought was if I could get someone for the down payment and pay them back over time I could keep my cash on hand if something came up, especially being my first property.

I'm in the process of trying to buy my first property and am planning on house hacking it. I have the cash to pay for the down payment with the FHA loan but after that I will be mostly out. What are your thoughts on using a family member/friend to pay for the down payment? Thanks