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Results (8,995+)
Jon C Second home for us, rental for the kids
19 March 2014 | 6 replies
They said it would have to be documented as a gift but it's not an issue.
Matthew Louks Amazing Deal: How do I set up?
26 September 2014 | 4 replies
Could be a tax issue for your relative since the IRS could consider it a gift and you might have to pick up the interest as income.
Michael B. legal ??? buy real estate from family member and sell at loss
25 January 2015 | 6 replies
If your parents carry the note and will it to you when they pass- that is a gift and might be subject to tax.
Account Closed Taken less seriously due to age?
22 June 2015 | 11 replies
Just 23, I was gifted money by my grandparents and lent money by my parents for a deal that I closed on earlier this year.
Rich Harris FHA Purchase using real estate commission as down payment?
5 September 2015 | 9 replies
A family member entitled to the commission may also provide it as gift funds to the borrower.
Annette A. Inertia: Getting the ball rolling (NEWBIES)
10 December 2015 | 37 replies
All of us are gifted with different talents. 
Matthew Pinkston Moving beyond 4 mortgages from 6200 miles away (with my Brother)
29 December 2015 | 24 replies
You can possibly gift the funds to him, but I am not sure if this will create a tax issue.
Ken Wicks Partnership for a deal
4 November 2016 | 3 replies
They said something about a gift but is there an easier way to do this?
Andrew Smith Money for down payments
28 November 2016 | 20 replies
Money that was a gift from family member or an investment from a partner will not count towards your total, so that's not really a viable way to raise money if you are doing conventional financing.If you are going to get a commercial loan, then all the rules change, and you'll have to check with someone with more experience with that side of things. 
Matt Burns Philadelphia First Time Homebuyer
18 December 2016 | 8 replies
If you are just looking to buy to rent and then buy to hold and keep going you might want to have a relative gift the extra cash for you 20% down it will help you cash flow later in passive.