Is your business partner going to gift you the downpayment for a property or are they expecting something in return?  

The lender may require Grandma to sign a letter stating the money is a gift and not expected to be repaid.

Hi everyone,I’m looking to build my wealth to fund my travel and philanthropic dreams, help my parents when they get older, and retire comfortably.

What would everyone's suggest be about giving a gift/ tip?

You can receive down payment monies in form of a gift from a friend or family member.

Are there gift options for buying the Long-Distance Real Estate Investing Book by @David Greene here on Bigger Pockets?

We ended up getting part of the money gifted to us before closing, we told the bank this and before we closed they essentially gave us a number of what had to be in the account for us to close.With the extent of work required the bank rolled 6months of mortgage payments into the loan.

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

Joking aside, someday I want to gift my children real estate.