Marcus Johnson
Augusta Georgia, Questions about selling house for cash.
1 February 2017 | 3 replies
I have removed large branches, given the neighbors gift card for helping and looking out.
Sal Montefiori
Loans, Hacking and Advice for a Newbie
31 January 2017 | 0 replies
The other option I’ve thought of is for my girlfriend to purchase the house, I would gift her the down payment.
Jay Baxter
Hard Money and Private Lending Questions
3 June 2016 | 8 replies
Note: Funds received as gifts and used to purchase the property may not be reimbursed with proceeds of the new mortgage loan.
Chip Chronister
financing rentals
2 April 2016 | 11 replies
Luckily I had a friend gift me the money (as a loan), which the lender had no problems with.
Douglas Slingerland
Hello from Statsville, NC - interested in large unit rentals
21 January 2016 | 13 replies
@Judah Hoover thanks, the hat was a gift!
Dennis Standers
Seller finances the down for FHA ??
26 March 2015 | 3 replies
Gift funds are allowed, but they have to be from somebody that doesn't have a direct financial interest in the transaction.
Richard Villandry
Family member wants out of mortgage/property. How can I take over property?
4 June 2015 | 6 replies
Some may allow you to re-fi after 6 months of seller financing, others may allow you to get a new mortgage and count the current equity as a 'gift.'
Account Closed
Only Property Taxes
30 April 2015 | 3 replies
Along the same lines:Why should my nephew with 4 kids get a $1,000 per child tax gift?
Samuel Carmichael
3-4 unit syndications.
5 April 2017 | 1 reply
I have some private lenders who are willing to put up the $$$$, and the refinancing plan.But in need to know how the transfer of funds would work, and the simplest way to execute he deal.One challenge I expect is that if I am "gifted" 'money like this, some lenders want to see it be in my account for 60 days before they will allow me to use it for downpayment.Thoughts?