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18 May 2024 | 9 replies
We will usually comp cleaning fee or give gift cards to local restaurant to comp any legitimate issues.
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16 May 2024 | 13 replies
As already mentioned, unless the Seller is direct family, gifting equity doesn't really work.
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17 May 2024 | 3 replies
If it's commercial property, active churches support bakeries, cafes, restaurants and florists/gift shops.
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14 May 2024 | 4 replies
She’d like to gift to us somehow- is it better to sell and then gift the proceeds to invest in real estate or put the house in our name first - then we sell?
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16 May 2024 | 4 replies
This is often viewed as a "gift" so lenders place limits on the amount that can be "gifted" as well as the manner that these funds can be transferred to you.
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17 May 2024 | 7 replies
Also, with FHA, family members can give a gift to help with down payments.
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16 May 2024 | 11 replies
It's like getting a gift for Christmas.
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16 May 2024 | 12 replies
Also, if you're paying less than fair market value, you may need to be careful regarding gift taxes.
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16 May 2024 | 17 replies
Additionally, I can receive $40k in gifts from my father and ability to access a $20-60k loan from family at 4% APY interest.
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15 May 2024 | 17 replies
As a non owner occupied property minimum down payments are:Conventional (single family) - 15%Conventional (multifamily 2-4 units) - 20%Non-QM (1-4 units) - 20%Certain Non-QM DSCR products allow the use of gifted funds for your down payment.