I know what it means but I guess I don’t understand how that would benefit either party or how it works with wholesaling for that matter.

For the first few, I would stand in a corner with a drink and watch. 

@Vicente Vitela let me know which meetup you'll be at and I would be happy to talk through multifamily investing from a syndication stand-point.

I assume trying to do them all at once would be a nightmare as they would each be trying to verifying the mortgage standings on the others.

But if both parties agree I don’t think it’s a problem) so no ones tied down and can move on quickly.

Other person (Street Dept) never bothered to call back.If you eyeballed it standing on the street, our side property line and the neighbors... just about divides the stairs in half. 

This Guideline is very specific and is to be followed to the ‘T’ by all parties involved.To be eligible for a Reverse Mortgage one must 62+ years old, own a home, and have enough equity in their home.

But the best part is that all of the accounting is automated. 

Since interest compounds on an ever-increasing balance (meaning you add 4% to $83,200, not to $80k, in the following year), I overall might actually stand to make MORE profit when it sells in 7 years due to death/divorce/whatever. 

So as long as you have the right insurance and knowledge of qualifying a borrower you can absolutely provide a service to both parties.