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Updated almost 11 years ago on . Most recent reply

Lloyd Whyte's profile image
Lloyd Whyte's profile image
Lloyd Whyte
  • Investor
  • from Boston, Massachusetts
  • Member since Nov 26, 2013
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Lloyd Whyte's profile image
Lloyd Whyte's profile image
Lloyd Whyte
  • Investor
  • from Boston, Massachusetts
  • Member since Nov 26, 2013
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Lloyd Whyte
  • Investor
  • Boston, MA
0
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10
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Wholesaling

Reverse Mortgages; Massachusetts

Lloyd Whyte
  • Investor
  • Boston, MA
Posted

Hello BP. I have a question in regards to reverse mortgages. What are they? How does it work? I am going to see a property to wholesale tomorrow on the Cape where the homeowner has a reverse mortgage that she is behind on her payments since her husband dies. Do I approach this potential deal any differently?

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