Please also verify the accuracy of this information at the time you are considering these options as guidelines change.price Decorating allowancesRepair allowancesMoving costsNote—a dollar for dollar sales price reduction is also required for - Excess rent credit and gift funds not meeting FHA requirements Contributions exceeding the actual cost of prepaid expenses, discount points and other financing concessions Credit Requirements Required is 600.

I'd pay that in cash through family gifts.

A friend said he is going to gift me 10-20k for this.

"yesterday is history, tomorrow is a mystery, today is a gift that's why they call it present" :) (I hope i am following the proper guidelines, if not i apologize, i have never done this before.)

Derek, The standard fee in my area is $199 but I have never paid it because we bought most of our REO through the listing agent and since they are getting double commission, it has always been waived.The last contract I close through my agent, it was included in my HUD statement at closing but my agent gave me a check for the same amount back at close including a $50 gift card for Lowes.

I know you have the touch and gift of gab....lol

I am also in the habit of giving discounts or small gifts because I want to let me tenants know that I care about them, I respect them, and I want them to have a positive experience with me

Can someone please help me to understand the lending process.Can investors use a gift from a family member for a down payment?

What an awesome gift from your grandmother!

I've thought about doing a gift card drawing at the end of each month for people who respond but that might be kind of cheap.