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Updated over 10 years ago on . Most recent reply

User Stats

3
Posts
1
Votes
Thomas Spyker
  • Real Estate Investor
  • Reynoldsburg, OH
1
Votes |
3
Posts

New..... and need advice on Financing

Thomas Spyker
  • Real Estate Investor
  • Reynoldsburg, OH
Posted

Hello ya all,

I just inherited my mothers home,  Title is in my name, house is worth 80,000 but she left a reverse mortgage and I need to finance 36,000 to pay that off.

I have a renter (my son actually) he will be paying 550/month  Presently I do 

not qualify for a 'conventional bank loan"     PLEASE any ideas on financing, I need this within next 45 days max to pay off Wells Fargo Reverse mortgage

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