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.
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.
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.
Precious Thompson
Careers in Real Estate
27 October 2013 | 6 replies
Entertaining clients for coffee, lunch, welcome home gifts, may be $100 a month really depends, but small residential deals, you might get by that cheap.
Neil S.
Beyond the 10 FNMA Loans
9 November 2013 | 7 replies
My thought is to just gift the money for the down payment to my mother.
Christian Lautenschleger
Establishing a Plan at the Beginning
18 November 2013 | 8 replies
I suppose perfectionism can be a gift and a curse.
George Ramsay
Connecting to REO agents
16 April 2012 | 14 replies
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.
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.
Brian Pellerin
Dallas / Fort Worth - DFW List of REIAs
27 July 2019 | 23 replies
They are generally not philanthropic by nature, however, this isn't necessarily bad.
Account Closed
unhappy flat fee lister
16 September 2019 | 9 replies
Originally posted by Ofgift Gift: Is he required to by state law?