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24 January 2016 | 23 replies
Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.If I was 21, educated and debt-free (if you are not yet debt-free, this is step 1), I would immediately make it my aim to retire by the age of 30.
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19 January 2016 | 1 reply
Hello everyone,I asked in another forum how I could take over a mortgage loan (37K ) (home value 100-120k) for a disabled family member was told the best course of action is "to find a local lender familiar with the nuances of gifts of equity AND the "principal residence guidelines apply if..." exceptions for if/when you are providing housing for a disabled/sick/retired parent (which you ARE doing it sounds like, so this isn't being sneaky or fraudulent).
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4 January 2016 | 23 replies
As you already know, in a community property state (CA), you two own everything equally (as long as the property was not purchased prior to marriage, or was inherited or gifted to you personally).
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16 June 2023 | 27 replies
Luckily I didn't have to go too far, my parents see (some) of the advantages in owning RE, they already own 2 townhouses in MD (outside of DC), that they bought in a cash purchases (that's why I say they only see only some of the advantages in REI).So after talking to them they were willing to allocate a one time $100K amount to help me with this purchase and structure some of it as a gift and some of it as a low interest loan.
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13 February 2018 | 3 replies
She is now considering having him sell her house at market price and he gifts her all the profits.
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23 November 2017 | 19 replies
The down payment will come from my husbands inheritance as a gift but I've been informed by my lender that gift funds can't be used on investment property.
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22 March 2017 | 5 replies
My plan is to purchase my first 4-unit multiplex with an owner occupant FHA loan (that will be gifted from my mom) and live there for a year while renting out the other 3 units (prefereably to students from Morehouse/Clark/Spelman/GState).
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25 November 2022 | 31 replies
I wanted to get a small gift for tenants.
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28 February 2021 | 28 replies
Durham has a great gifted and talented program and some of the best high school programs in the state.
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8 November 2016 | 13 replies
I know that I can pay off a new loan because I am getting $28,000 as a gift every year (Thanks Pop!).