Help me help my lead

[Deuris Liquey]

Good morning everyone. I am a Wholesaler and I came across this lead, he's on a Pre-Foreclosure list, his house is under water, it's worth about $700k but he owes about $975k because he took a Reverse Mortgage on the property, I know that with the Reverse Mortgage, if the balance is more than what the property is worth, he doesn't have to pay the outstanding balance. My question is, how can I help him in this situation? I don't think wholesaling the property will help him because he won't get retail & he's still gonna owe money, & we can't Sub2 the property because of the Reverse Mortgage. What can I do in this situation?