In the past, I have dropped off chocolates or included a gift card for a dinner.

**I don't have family that I can borrow or be gifted the money :) **thanks all!!

Thanks again'Sincerely, Ryan Stack a gift of equity on top of a seller credit for closing costs, make the nominal contract purchase price the top end of what it'll appraise for.

You are Such a Dear Gift From God for me Thank You And Bless You And Your Family all over the Globe!

Originally posted by Ofgift Gift: Is he required to by state law?

but make sure you have something to offer...for example, offer up your side of the commission on any deals where they re the listing agent.Once you've donea deal, stay in contact, send chocolate to the office, send holiday gifts/cards, etc.

Do you simply take gifts of 10,000 so it wont be heavily taxed?

You may want to speak to a lender who can help you plan your credit, debt to income ratios, and assets/funds so that you'll be ready to make a quick move when it comes time to jump on a deal.There are many particular aspects in financing ranging from: seasoning of funds, business use of funds, gifts, deposits (which can be used & which cant), income (which can be used/which cant), income structuring and seasoning, and all sorts of other factors.Best of Luck!

If no healthy spouse then you can give half of the assets, and use the other half of the assets to purchase the medicaid compliant annuity to pay through the penalty period associated with the gifted assets. 

However, the borrower must still have remaining VA eligibility for a VA loan.GIFTSA gift letter, source of funds and evidence of transfer of gift funds is required.