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Updated over 2 years ago on . Most recent reply

User Stats

18
Posts
12
Votes
Eric V Harding
  • Investor
  • Los Angeles
12
Votes |
18
Posts

Reverse Mortgage - Best Options

Eric V Harding
  • Investor
  • Los Angeles
Posted

The time has come where we lost someone special and they have moved the estate in our names.

There was a reverse mortgage taken out in 2017. Our angel used a little bit, not too much, and kept a line of credit open.

By the RM nature, we need to sell within 12 months now. Its a solid condo in Orange County, CA which is a good rental pull, so we were wondering if its possible to hold on somehow? We dont know any RM hacks, so any wisdom is appreciated.

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