Strategy I used to buy my mom a home #goals #realestateinvesting #realestate

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Jorge Contreras | Airbnb Arbitrage

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Summary

Jorge shares how he bought his mom a house by having a friend take out the mortgage in their name with a gifted down payment, and then later refinanced the house under his own name once his income allowed it. He learned it was possible to have two escrows at the same time, and that gift funds can be used when putting 3.5% or 5% down.