Using gifted money for all-cash purchase?

[Cliff T.]

Hey all - quick question that I haven't been able to find the answer to...

Can I use gift money (from parents, friends, family, etc.) when completing an ALL-CASH home purchase?

I recognize there are complications when using gifted money for a down payment and taking out a loan. However, I'm not clear if this applies to all-cash purchase.

Thanks!

[Logan Allec]

@Cliff T., there are no such restrictions on all-cash purchases.  Enjoy your good fortune!