Most reverse exchanges are done with cash from the client or a private loan of some sort from an individual or a portfolio bank.When your old property sells you will have that cash in your account to purchase the new property. 

The meetups are an excellent place to meet equity partners and private lenders and build relationships with them.

Feel free to send me a private message if you need to change contractors or want to start a new project in Cape Coral or Lehigh Acres

For the last 22 years I've been involved in real estate as a house flipper, with extensive experience in building and renovation contracting, owned a residential property management company, and now have a private money lending business (licensed NC re broker).

Does each room have its own private bathroom or is there a shared hall bathroom? 

I'm currently helping my aging parents, and I need to be spending more time taking care of them.

If you thought it was private, then private to who? 

I am not a huge fan of buying a new car because of the value it loses but I agree with you, you are making money to spend it on something. 

Operators tell me that the objection to the costs are from the children of the elder who don’t want mom to spend down her savings, fearing that she will run out of money and that there will not be any left to pass down to the kids.

The reality is we'll likely face the hardships of a (significant) decrease in spending and overall policy will be prohibitive at first.Feel like things will go 2 step backwards, 1 step forward.