If not, you're working with the wrong lender.Also FYI for Conventional financing you can put as little as 15% down on a 1-unit investment property, but with investment properties you cannot use gift funds.

I found "presents" left behind by cats in our newest property we picked up last week, but never human gifts!

I also don’t want him to incur a lot of gift tax by gifting it to me (I guess I could pay him back whatever tax he pays on it?)

Hi Roxanne,Down payment gifts cannot be used on an investment property purchase, assuming a normal 30YF residential mortgage is being used.Two options:- Family member can certainly buy it with you, as coborrower.

This is much better than discussing how to charge a late fee or what holiday gift to get residents.

I would get a gift card every now and then as a thank you, but never asked for anything.

So far, it has not happened.What I have done, that I have found has GREAT returns, is to send $100 gift cards to Outback at holiday season for my tenants that have paid on time all year.  

@Josh Gold or the parents could gift the down payment to their children.You are confused on exactly what a syndication is and is not.

What if you sometimes deposit money that you get as gifts from family?

.- Okay, let's assume they do that, not sure why, but let's prentend they do that and gift $17,000 in equity to the buyer, so he can come back and buy more. - The lender is wanting to see either a list of improvements including receipts and lien waivers for the new appraisal of $67,000 to justify the higher price and/or they will require 6 month of seasoning.- If someone knows how to buy, appraise and refi in 30 days, please let me know how.