FNMA currently requires that you have at least a 620 credit score, and the following minimum down payment from your own funds (no gifts): 15% down for the purchase of a 1 unit property (or 25% down with an ARM)25% down for the purchase of a 2-4 unit property (or 35% down with an ARM) 75% maximum LTV (loan-to-value) for a rate/term refinance of a 1-4 unit property (or 65% with an ARM)75% maximum LTV for a cash-out refinance of a 1 unit property (or 65% with an ARM)70% maximum LTV for a cash-out refinance of a 2-4 unit property (or 60% with an ARM)You must also meet the following minimum reserve requirements: 6 months PITIA (Principal, Interest, Taxes, Insurance, Association Fees) for the Subject Property.2 months PITIA for each second home or investment property currently owned and financed. 

Replacing the valve was the easiest part of the project.

Remember, if you are being paid on both sides, you need to disclose it.Off market deals are the best deals, and easiest to sell.

or look a gift horse in the mouth.question: if this person signs the documents and wires the money, how could it go wrong for me?

Are these situations typically where the owners have passed away or could the owners have put the home in a trust for tax/gifting reasons (in which case I can still market directly to them)?

It is perhaps the easiest but that doesn't mean it is easy.

Do they gift it to me so I can sell them?

It is a home in new hampshire, I just want to try to setup a time that will be easiest to find a renter in the future.

Nothing wrong with cash but a thoughtful gift might be even more appreciated.

If you're a commercial real estate buyer, getting to know the brokers is going to be the easiest way to bypass the trash that is shopped around and which is mostly nonsense.