These names frequently come up in investor circles because of their reliability.Speak Directly to Their Team: Legitimate lenders will have knowledgeable representatives willing to explain their loan products and processes in detail.

They’ve taken payments for premiums and not bound the policies, and let the policies lapse without my knowledge.  

I"m not sure you could find a better group in terms of knowledge and support. 

Looking forward to engaging with this community and soaking up all the knowledge I can.

Start anywhere—offer to assist, intern, whatever it takes—and absorb as much knowledge as you can.

Coaching or mentorship in real estate investing can allow you to collapse time and "skip to the front of the line" by leveraging the experience and knowledge of those who have already achieved success in the industry.

Real estate is not my of my knowledge base at all but I want to start working on building passive income now (I’m 44). 

I would think their loan documents give them the right to control the property after the original owner dies - regardless of who is living there (although I have no direct knowledge of the laws where you live).There are details we don't know here... like if you want the house for sentimental reasons, or because you see the value between what it's worth on the market today and what the reverse mortgage company wants for it?  

As a licensed Real Estate Broker in Maine, I managed the acquisition and renovation of 1272 Lakins Rd, Etna, leveraging my expertise and industry knowledge.

I've found that CPAs that focus on a niche area such as real estate rather than offering general services to everyone are typically much more knowledgeable about real estate tax incentives.