I'll be trying to figure out the more intricate details over the next 8 months of my deployment before I can touch ground back home and actually start purchasing anything.So now a little bit about me and my financial situation:I’ve been a member on here for a few months now.

The final loan amount will be 75k so the purchase agreement will be $93,750 with a down payment gift of $18,750My brother has good fico scores, 3 open trade lines with each line not exceeding 30% of its limit.

However, if your parents really do have an interest in the property and have treated it as partly theirs and/or have reported some of the income tax consequences on their tax return the answer will be different and recording the quit claim deed may have other unintended tax consequences such as gift tax issues.

This is very exciting for me, and its a pleasure having the gift to learn from Bigger Pockets!!

But now if I so much as contemplate a deal or view a property without consulting her she is 'miffed'.Now after many years of successful deals & just a couple of bad ones GUESS which ones she remembers the absolute intricate details of.Good luck

My experience (both as an FHA buyer and a buyer's agent) has been that buyers must either have the money for the down payment and closing costs themselves OR the money must come as a gift.  

THEN, you can use your points to order gift cards, and most of them are 45 points for a $50 card.  

However if I had someone provide me a couple of good leads that for whatever reason could not close I would get them some token item of appreciation (maybe an Amazon gift card) but so far no one person has given me more than one lead.Wholesaling is more difficult and if you do it ethically (willing to close even if you do not obtain a buyer prior to closing) then more risk. 

You win on both ends, but make sure you plan for the exit strategy, as I am sure you will :) That's a deferral not a gift - well, it sort of is a gift...

What are ways to avoid getting taxed on this gift?