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Updated almost 6 years ago on . Most recent reply

User Stats

22
Posts
4
Votes
Jake Burgdorf
  • Rental Property Investor
  • Marietta, Ga
4
Votes |
22
Posts

Financing using GIFT money

Jake Burgdorf
  • Rental Property Investor
  • Marietta, Ga
Posted

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 reached out to local banks and have received the same answer from each of them. Does anyone know of a bank in GA that I can use to get around this? Or, have other options/ideas?

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