Hello everyone,I have a family member that has a client that has a reverse mortgage. My understanding is that the client wants to refinance the reverse mortgage. I was wondering if the members of the bp community has ...
Hey Guys,I am in the process of picking up my second rental property and am looking to streamline the rent collection process. Currently I collect a check from my sole rental but would like to offer electronic payment...
The person I know is 76, he has $300k of equity in his property and wants to stop working full time . My thought process for him is if he gets a reverse mortgage lump sum, he can invest that money into cash flowing mu...
May have an opportunity to buy an off market house from an older gentleman. He mentioned his house has a reverse mortgage on it. I don't know much at all about a reverse mortgage. • who owns the house now? Him or the ...
So I’m working on trying to close a wholesale deal where the owner is deceased, but took a reverse mortgage out on the property. The children are now trying to close out the small estate by getting rid of the home. ...
My Grandma has a reverse mortgage on her house, she is no longer living in it. I don't fully understand how the reverse mortgages work, my dad at this point is about to turn the keys over to the bank. Is it worth purs...
I am doing a reverse 1031 exchange. I have already purchased the replacement property, and it is in the name of the qualified intermediary. Purchase price was 105k. It has a private mortgage on it of 100k. Mortgage i...
Hey everyone! My name is Daniel Cardenas from Boynton Beach, FL!Thank you all for having me here!I will begin wholesaling very soon and as I begin my wholesaling education, I do have a question for you all.In order to...
Has anyone ever done reverse offers? How was your experience. I have a house that has been contingent twice, pending once and has 4 interested parties currently. They are all dragging their feet. They have been in...
Hey all,Working on finding my second deal. Got a response from one of my marketing pieces and here's the scenario:Unfortunately an older woman's husband passed recently, Her and Her Daughter are looking to sell the ho...