Investment Info:

Condo buy & hold investment.

Purchase price: $250,000

Cash invested: $18,000

Condo in Smyrna a short walk to Truist Park/Circle 75 business offices. Got it on great terms at 250k...

Hi everyone 
I live in the Bronx , NY and I'm just 23. I don't really have a havy background from college but I have my high school diploma. I'm hustling to see my dreams come true. But I still have a concern, what ki...

I may be able to convince certain family members to gift me some funds so I can also have some skin in the game. 

Capital would be the second thing but if you have access to gift funds (ie: family money), that will solve this problem.If you can figure out those two items, you actually might be able to purchase this home.

If you collect the rent you can still gift it back to them using annual gift limits. 

You especially don't want to be in that position with young kids.I would personally focus on other ideas to make money to increase your cash position before jumping into a real estate investment purchase.

I've gifted you a free month of BiggerPockets Pro.

Quote from @Dana Banks: Curbio may just be the greatest gift of the century for flippers.

I recently found a lender who supports providing BLOC (Business line of credit) from equity from my rental property which is under my "LLC", which usually lenders don't offer. But they provided me 3 year DRAW + 27 yea...

If you want to you can use your annual gift exemptions to gift them back their rent.