Related Posts
How do you effectively plan for retirement?
Hi fishes,
How is the wlb in Amex?
More Posts
Anyone have any dog groomer recs?
What is the goal of your life?
How would you define great communication?
Why does it have to be this way?

Literally every “dating” app in los angeles

Ping him directly for more info

Additional Posts in Consulting
Bain & Company Can someone recommend a good starting point on how to go around solving case interviews? What frameworks should I follow? I am kinda new to case interview and want to develop skills to solve them. Any books, online sources would be really appreciable. Deloitte EY-Parthenon Strategy& McKinsey & Company Boston Consulting Group Bain & Company
Top 10 books to read about consulting life ?
New to Fishbowl?
unlock all discussions on Fishbowl.





Pro
She'll need to have the money in her account and her parents will probably have to sign a note to show it's a gift, not a loan.
They also may need to consider tax implications because $50k exceeds non-taxable gift.
Thank you for your response. Her parents want her to buy a house and stop paying for rent since her siblings will be moving to Texas within 2 years as well. I guess I will just tell her to look more into it.
Happy to help facilitate the transaction for a low $50k fee. Please DM me for more detail.
Thanks AD for your help with my purchase, and for facilitating a wealth transfer for your Nigerian prince friend, highly recommend your services.
As far as I’m aware the “gift” just gets applied against the estate tax threshold so I don’t think it’s a tax issue other than paperwork
That’s noted ty!
That’s probably it, 2 years of income proof is needed for the mortgage company to sell off the loan. Unless her parents are signing
Thank you for your response. For the past two years though she has been working PT since she’s a FT student. Her parents make a lot of money but they live in South Africa.
Chief
Good credit scores and lender who is willing to process mortgage for people on student/OPT visa.
Got it. So her parents should just give her the full amount to buy the house vs giving her the downpayment and sending $2k a month for the mortgage?
something similar happened to a friend of mine - his parents moved ~$45k to his account and legally considered it a “gift”, not sure what the tax implications are. Since it was a gift and then considered his money, I think he was the only name on the mortgage / his parents did not co-sign
This is helpful thanks! She still has a year left of school but I’m assuming that she’ll definitely need a job right to prove proof of income. Her parents will help her out in case she does get a job right after school.
Where in TX
Houston