Hi,I am trying to use the gift as a down payment on my first property. I have an option of waiting two months for the money to become seasoned in my account before purchasing a property. I'd prefer not to wait. I've r...

Good afternoon,
I have been buying my first property for the pat 2 months: a triplex. I'm using a 203k loan, which just came back from underwriting--with conditions. I need 3 months of mortgage reserves, which can't ...

Thanksgiving Day is a perfect time to show your appreciation to the people around you. Would you consider showing gestures of gratitude to your tenants by sending them gifts as a way to improve the landlord-tenant rel...

Shortly after purchasing a 4-unit I had to evict a tenant. The unit was in very poor condition and required a full rehab. The renovation is taking longer than I had hoped and I've had a contractor there most days in M...

Hi All,I’m selling stocks (selling around $500k , around 50% of it is long term gain) to invest in a property. I’m already in high tax bracket ($350k income) . I’m selling mostly long term capital gains but I need to ...

-- Can you be gifted money for a downpayment in an FHA?

-- Can a friend gift me the money or only family?

Hey everyone! I'm a first time home buyer and I am looking at a 2 unit house that I would like to house hack. However it is a foreclosure and needs rehabbed so I'm attempting to take the FHA 203 K route. However I don...

We want to avoid going to a CPA, so thank you to any BP'ers in advance that can shed light on this topic. Maybe this is something you've gone through before?! We are new to this.So, my moms is gifting me a down paymen...

Hello all wondering how many of you give your tenants gifts around Christmas time? Birthday or any other special day?

Hello BP!!!I have a buyers that run into a little problem with down payment . I just found out they will get a big portion of down payment as a gift from their relative ( 50k). I have a few questions i hope you guys c...