![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1595317/small_1694911336-avatar-jaymed5.jpg?twic=v1/output=image&v=2)
I have an investment opportunity where the owner/seller has a reverse mortgage on a property that needs rehabbing. The balance of mortgage is above what I would be willing to pay for the property in its current condi...
Hi BP family,
I am looking to purchase a property that has is under a reverse mortgage foreclosure. It went for auction and did not sell and is now listed on the MLS.
The property has been on the MLS for about 30...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/318757/small_1621443884-avatar-bohlsen.jpg?twic=v1/output=image&v=2)
Hi Folks,I cant seem to find an answer to my question on the forums. A family member fell into a house with a reverse mortgage on it due to other family passing away. The house needs a facelift, does anyone know if it...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/245130/small_1657041587-avatar-dannymack.jpg?twic=v1/output=image&v=2)
Anyone dealt with reverse mortgage foreclosures? Haven't dealt with one yet and wanted to see if anyone had tips. This one needs to follow 24 CRF 206.125.
I am one of six heirs to a foreclosed property that has a $90K reverse mortgage on it. The AVR is $176K. The information on sites like Zillow, Realtor, Homesnap & Trulia have it listed as a 3bd 1ba but it has 2ba....
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/664571/small_1663552387-avatar-michaelp219.jpg?twic=v1/output=image&v=2)
Has anyone denied an application that they've already approved? Basically, reversing the approval. I have an applicant that I should have out-front denied based on income, but I approved them and tried justifying it i...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/180293/small_1621422677-avatar-jlh.jpg?twic=v1/output=image&v=2)
I have been getting 2 to 5 letters a week form reverse yellow letters.. IE in my JV ventures in the 11 states that I fund deals in .. I am getting letters from other wholesalers that are DESPERATLY trying to get a hol...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3081901/small_1721630669-avatar-jamesj724.jpg?twic=v1/output=image&v=2)
Hi, I have a family member that had a reverse mortgage on their property it's a 3b 1b 1 acre of land heats by oil no hvac and on well water. When I tried to get it when my side of the family found out and tried ti tak...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/wordpress_blog_post/image/6866/What-is-Reverse-Wholesaling-1024x499.jpg?twic=v1/output=image/cover=625x330)
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/432987/small_1621476414-avatar-jackl17.jpg?twic=v1/output=image&v=2)
Greetings from New Jersey,
A seller I contacted through my probate marketing campaign has recently got back to me and revealed he has a reverse mortgage on his property and wishes to get rid of it and claims he want...