Hi All,
I have been wanting to post this for a while now. I started my journey into learning about Real Estate investing in the month of April 2018. I Binge-watched(rather binge-listened) to most, if not all of the B...

Maybe a gift basket, or a Visa Gift card saying "Dinner is on Me" or something.

To add context, here is the situation:The seller was gifted the property in question, by a friend, prior to the friend‘s passing.

I read that my father would be able to give me a gift of equity to make up the difference and also account for the 20% down payment, thus avoiding pmi.

For the 3.5% down payment, you'd still need that money, which best case scenario, you can have a family member provide you a gift amount.

-assets - down payment funds and reserves which can be your funds and in some cases gifts as well- credit - min fico is 580-620 but for best pricing you’ll want to be in the 680 or higher range

Great book I call the Green book and great book to gift clients. 

Selling it to a family while leaving equity in the place for them as a gift.

I have a question regarding quit deed and gift tax between non-married family members.

I dislike red ink with the naive hope that in the end the appreciation will cover that and STILL produce an ROI.I'm a cashflow investor and I just love those monthly deposits to my checking account,Yeah, sure, when I sold the 6units there was a ton of appreciation, but that was a GIFT, not a predestine occurrence.