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Updated over 8 years ago on . Most recent reply

Brian W.'s profile image
Brian W.'s profile image
Brian W.
  • Residential Real Estate Broker
  • from Frisco, Texas
  • Member since Dec 18, 2016

User Stats

8
Posts
4
Votes
Brian W.'s profile image
Brian W.'s profile image
Brian W.
  • Residential Real Estate Broker
  • from Frisco, Texas
  • Member since Dec 18, 2016
Brian W.
  • Residential Real Estate Broker
  • Frisco, TX
4
Votes |
8
Posts
Private Lending & Conventional Mortgage Advice

Gift Funds for Investment Property

Brian W.
  • Residential Real Estate Broker
  • Frisco, TX
Posted

Does anyone know the rules about using gift funds for investing in property? I heard you cannot. Does this rule vary by lender, state, or is it federal. Have a client that was hoping to use funds from a parent for this, up to the $14,000 max.

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