So you already know this is something you CAN do, so maybe you really want advice as to whether you SHOULD do this.It doesn't seem like you are using family money for just a down payment where a loan is involved; if there were a loan involved from a bank, the bank might want to see some seasoning of the funds in your name before doing a loan.There is the possibility of triggering the "gift tax", depending on dollar amounts.

The best one was a tenant who actually was a gifted artist...I have a couple of his works....and was great as long as his dear Grandma was available to pay the rent.

Otherwise if you want the asset in your name, you will need to transfer the money into your account 3 months before you apply for the loan so they dont think its a gift. 

With a traditional investment property loan via bank, I was told you can not use gifted or use non-certified loan monies on the down payment (note that this is different if you are planning to inhabit the building).

Never look a gift horse in the mouth .

Go ahead and make your lease with your child market rate and then gift them back whatever you want to up to the annual limits ($16K from each spouse to anyone they want). 

I find the most success when pairing my direct marketing with events and/or gifts.

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

I said people should be careful making decisions that limit future options without understand so, at least until we perfect time travel.Maybe some people DO want to give what you call a lottery gift, that's up to them.And I'm not aware of term that has a guaranteed purchase rider option, which my policy has, so I will forever have the option to increase my coverage at my option, but to the extent that term policy option affordably exists maybe it's a good option too.  

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.