Hoping to get some direction on this.We have a 4-plex under contract, which has actually been through a condo conversion meaning each unit has its own account with the appraisal district. I've seen an few articles whi...

I have an executor who would prefer to sell to me rather than pay for listing. The reverse is about 100K over market value in current condition. He wants to be able to pay off the grandchildren named in the will to...

OK...looking for some help from the BP geniuses.I know you can do a Short Sale on a reverse.  I just have no experience AT ALL with short sales or reverse mortgages, and this situation is a little sticky.House has maj...

These questions have probably been asked already,Can an heir refinance to pay off the existing reverse mortgage? Since title isn't under their name wouldn't the home have to be under the heirs name to Refi? ORIF they ...

how does the bank make money off this?

Hi Please help.If I purchase a property 'subject to' ( ie taking over the responsibility of paying the sellers mortgage on their behalf) can I get out of it if I want to? Or will I be 'trapped'. What would happen if I...

The electric company and gas company where my properties are located offer a "Landlord Reversion Policy." This means that when I add a property to the policy, when the tenant moves out, or cancels their utilities they...

I have 1940 built bungalow with a front porch concrete slab that has a reverse slope. When it rains water gathers on porch near the home and leaks into the basement fruit cellar. Tar patching where house meets porch h...

Hello everyone,A coworker of mine's church friends has run into issues with being able to afford their mortgage payments as they slowly decline in health. They were contemplating selling to me knowing I'm a real estat...

I know someone with a property that's currently worth over 1 million and the area is growing like crazy, they don't want the house anymore. BUT the house needs over 500k worth of work AND it's in a reverse mortgage. I...