Plz help- need creative funding to buyback my grandmothers reverse mortgage.

[Melissa Marques]

As the title implies, my grandmother recently passed away and had a reverse mortgage on the home with a debt of $400,000 house is worth at least $800,000.

Main issue is I am self-employed, and my income is really low, but my credit score good (700-770).

A large room with its own entrance and bathroom was added onto the house like the 70's which can probably be turned into an ADU. I know there are some programs encouraging this by giving grants for this due to the housing crisis. But above all, my income is the problem. Since I can rent out the ADU I know some lenders would count that 75% of potential income onto my income, but they are hard to come by.

Anyone with info, or anyone interested in investing with me on this great deal. If your experienced in creative funding, lets talk! 

Thanks!!

Melissa, 33

Hayward, CA