Gifting it to her (which is what you are talking about here) and inheriting are two very different things. 

HOWEVER, in most cases, the FHA Buyer chooses FHA because of the low down payment, so usually they don't have the extra to bring in.Also notable with FHA loans, Buyers are allowed to use gift funds with greater flexibility. 

I told the pm that we would like to check out the houses and give the tenants a $100 gift card each to a grocery store.

If one of you is exempt from the VAs funding fee, it's a hard loan to beat.Alternative/additional option, ask about him doing a gift of equity.

I'm hoping someone familiar with this can chime in.Question #2Are gifts of any kind allowed on investment properties?

A true gift to anyone who is looking to gain quality information on Real Estate Investing.I wish I had more hands.

(Billy Bob with a 642 FICO and three different gifts from three different family members for his down payment that also needs to pay off 2 credit cards and a car loan to qualify... he's not closing in 21 days.)Aaaaaaaand then six months later when you own the place, when timing/reliability mean nothing, and rate means everything, refinance.

Depending on the amount, your CPA will want to look at it as a loan rather than a gift where you could have to pay a gift tax if it’s over around 14k.You’ll probably want to create an LLC with your brother and partner if you are all sharing in the profits and outline the expectations of of how profits will be divided and what happens if there is a loss.

Not the I.R.S.Most people are not motivated to make gifts to a 501 ( C ) (3) tax exempt organization solely for the Tax Free benefits, that is why my associates and I use Charitable Reminder Trust ("CRT's").Researchers from Boston College estimated that the I.R.S. will Tax $41 Trillion to $135 Trillion in assets of people in your situation Chris.  

BPO is similar to an appraisal but not as intricate but way more detailed than a CMA market analysis.Banks use them for getting a value range of a portfolio of loans they are buying, mortgage insurance premium request drops, pre-foreclosure properties, REO's, short sales, regular owners etc.It's a way to get more detail than a CMA but not dropping appraisal type money.