2 October 2015 | 1 reply
My family was always on my back to save for a car, but with my over-spending habits and buying for my friends (who aren't even my friends now), I still have yet to reach that goal at almost 19.I graduated from high school, and as a gift my mom told me she would give me the money for a down payment.
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6 February 2021 | 28 replies
Juliano, i believe that everyone has an ideal vocation and career that naturally fits with their gifts and talents.
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5 October 2015 | 3 replies
Finally, my own house (soon to be gifted by my folks) is in a pretty choice location in San Jose and I may move out of it to take a posting internationally.
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8 October 2015 | 8 replies
If someone loves you, you can usually have funds "gifted" to you that can be used for the down payment.
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8 October 2015 | 9 replies
The advantage to the FHA option is that you can get a loan with only 3.5% down (which can be gifted), and the closing costs can be gifted.
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9 October 2015 | 5 replies
This may or may not go along with your plan, but I thought I'd give you some food for thought: it's very possible for you to get an FHA loan (if your VA eligibility isn't currently an option) on a multi-unit property with only 3.5% down - that 3.5% can be gifted, and the closing costs can be gifted, too.
9 October 2015 | 5 replies
@Donna CurtissIf you were to sell or gift the LLC to your IRA, that creates a prohibited transaction between you and the IRA.
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10 October 2015 | 2 replies
I would exhaust any possibility of you cashing in on this opportunity, I work very hard to find good deals don't give a good gift away.
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14 July 2016 | 9 replies
The funds will have to be a gift in order for you to use them, or at least be able to show that the minimum downpayment is coming from an account of yours.As you go through the underwriting process you will be asked to show where the funds come from.
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15 October 2015 | 133 replies
My brother was 5K short for his downpayment and his agent put up the money as a gift just to get the deal done.