Lenders lending the 95% on the house hack are probably going to want to see that downpayment loan as a "gift" so you'll have to give it a couple months ahead of time.

You provide the downpayment as a "gift" and the other person moves in and qualifies on their own.Everything is negotiable as it comes to how to work out the details of this deal.

It is possible to have someone "gift" you money to purchase a home to help you buy a home.  

another tip @al williamson posted awhile back also, if you buy gift cards off websites like giftcardgranny, you can purchase them at 10% discounts sometimes as well

I could gift the downpayment (which requires some paperwork) and have my sister be the one on the loan.

I understand the laws of gift taxes, where an individual can only gift up to $15,000 a year, but I don’t think this would fall under this.

I called a credit union and they said I could do a gift of equity loan but still need 5k for savings or a heloc.

However, there are no restrictions on the licensee giving a gift or an incentive to a buyer or seller.https://dsps.wi.gov/Pages/BoardsCouncils/RealEstate/Position...

Account Closed You can buy are house for your parents a few different ways:* Gift the down payment and the mortgage is in their name (assuming they have income - job, retirement, social security, etc.).

I was fortunate my parents could loan me $25k at 8%. for legal purposes we structured it has a gift.