In fact, we usually get them a gift for speaking.

Or finance with a bank at 70% with 30% gift of equity ?

The problem with the focus on congressional races is that we still get gifts the Omnibus bill.

A couple of the highlighted changes are:Multiple Financed Properties: You can now have up to six investment properties through Freddie Mac, previously it was 4.Rental Income: The requirement for two year history of managing investment properties has been removed.Rent Loss Insurance: the requirement to have six months worth of rent loss insurance has been removed.Gift Funds: The requirement that a borrower must contribute 5% of their own funds on Primary Residence with an LTV greater than 80% or greater and where a gift is being used has been removed.These are just some basic guidelines, make sure you talk to a mortgage professional before you start your next investment!

I would recommend getting a gift from a family member.

For the first time, I have found an investor willing to help fund my next deal. I am so excited! However, I have no idea how to properly borrow these funds, and I want it to work out great for both parties.

Here is ...

I have 20% to put down (gift) and a 680 credit score.

I can then take the equity out of the home if I so chose latter on3)Do a gift of equity where I finance 100% of the cost of the home (170k) only coming out of pocket for the closing fees. the bank is willing to do this at the same rate over any term of 15-30 yrslooking for your advise and the thinking behind it thank youliam

As far as down payment, you can deposit to your bank account or give it to your friends/relatives who need cash and they would write you a check ( i believe every person can gift up to $13k a year).

Is anyone familiar with a gift of equity?