Can I transfer an I-Bond to serve as a down payment?

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Rental Property

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I have 10k tied up in an I-Bond that I need as part of a down payment. It is still in the one year maturity stage and I can’t pull it out before then. Am I able to transfer this over as a gift for part of the down payment? I did not originally buy it as a gift.

The downside would be that they’d have to wait until it matures to 1 year to receive the money, so another 9 months. The upside would be that it’d be worth closer to 11k by the time they can pull it out. Is this even possible? I would be using a DSCR loan.

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bluescluus

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Posted: 2 years ago
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