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Updated about 9 years ago, 09/15/2015

User Stats

80
Posts
10
Votes
Billy Bell
  • Flipper/Rehabber
  • Phoenix, AZ
10
Votes |
80
Posts

Wholeselling in a 55+ Retirement Comm. Can I do it, if younger?

Billy Bell
  • Flipper/Rehabber
  • Phoenix, AZ
Posted

Hello BP Community,

I received a lead about a guy who inherited a home from his dad that recently passed away. The son who owns it now wants to sell it quick, but it is in a retirement community that requires the owners to be over 55. I am only 24, so I do not fit that requirement, but I am thinking that there has got to be a way to at least wholesale the property and not officially take ownership. Does anyone have any similar experiences with deals like this? I will call the retirement community now and see if they would allow someone younger to own the home and rent it to a retiree, and other such questions.

Thank you!

Billy Bell

mesa, arizona.

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