Best lending options, buy a property from family to use as a rental property.

[Robert Rodriguez]

I will be buying a condo from my grandmother. i have been renting the house for the past 2 years. She will be selling the house to me for well below market value. Ideally, putting no money down through a gift of equity. What would be the best lender options?

[Jay Hurst]

Quote from @Robert Rodriguez:

I will be buying a condo from my grandmother. i have been renting the house for the past 2 years. She will be selling the house to me for well below market value. Ideally, putting no money down through a gift of equity. What would be the best lender options?

@Robert Rodriguez    Here are the guidelines direct from Fannie Mae on gift of equity:  https://selling-guide.fanniema...