Additionally, you could also use your skills to assist in projects with others.

A buddy of mine was screwed out of a deal and out of time and money after he assisted with bringing a California deal together from New Jersey.

Hey Mike,Make sure you do your homework if they do "gift" you the amount.Unfortunately there are limits on how much a parent/s may gift their children without triggering gift tax by the IRS.The IRS is the last entity on earth that you want to have future issues with.I would seek advice from a tax professional BEFORE making a final decision.All the best!

I'm new as well and you're on the right path seeking this info.

Yet and still its most beneficial for you to seek out other deals and secure profit for your business.

I'm a wholesaler and I may be able to assist you in future buy and holds.Happy investing!

Seeking to connect with the Real Estate community and investors in Montreal area initially, but am also open to look at good deals anywhere.

Failure from the borrower (not the Trustee) to make the future scheduled payments are grounds for the creditor to seek Relief from the Stay of Bankruptcy.

Go to your agent's broker, tell them you need a contract right now with a FSBO and she's out of town, he/she will assist or assign an agent to assist in her absence and to her credit.Another way is to just get a contract and get it signed, your seller can change their mind any moment, so it must be under contract.Then go to your bank, they should take it from there.

She admits she really should have found a good commercial mortgage broker to assist her.