Account Closed
Equity Reverse Mortgage
Hi Guys, been in real estate, your family thinks you know everything and this question really caught me of guard, my grandpa ask me. So here is the deal
My grandpa and my uncle are joint tenants in a Commercial buil...
Fred Lopez
Reverse Mortgage options
Good morning BP! As some of you may know, I am fairly new to real estate investing and recently had a lead come in from a lady that was wanting to sell her moms house who recently passed away that is currently in a re...
Dustin Senor
Reverse Mortgage Purchase
I have a friend who just got super lucky and is supposedly buying a home for considerably less than what the home is worth. Based on what he tells me, the house has appraised for $245, but is buying it for about 25k f...
Keren Adaki
Reverse mortgage question
My neighbor died 6 mns ago. House is abandoned. He had a reverse mortgage through celink. How do I go about acquiring the property? How can I find out how much it’s going for? Is it a good idea to obtain a property r...
Tiance Gardner
SUB2 REVERSE MORTGAGE
how many people have done sub2 on reverse mortgage? and how did you do it? can you take me through the steps?
Alex Kalyan
Reverse Mortgage Foreclosure
Hello to all, We are new to REI and have a unique opportunity to begin our journey. We are interested in a vacant property that has been vacant for 6 months. The unique piece is that we have access to the property a...
Andre Ayton
Reverse Mortage Question
Hi guys quick questionI have a probate lead that is interested in selling us his fathers home but the father had a reverse mortgage on it and the bank is not communicating with us or rather they are taking their sweet...
William Shomphe
Reverse inlaw apartment?
Whatsup BP, first post, long time listener and lurker. I'm out here in metrowest Massachusetts trying to get my feet wet in REI. I have a question that I obviously should ask my lawyer and town, but wanted to hear som...
Felix Wisniewski
Wholesaling Reverse Mortgage
I got a lead that has a reverse mortgage of 77k and we agreed on 79k to put 2k in the sellers pocket. The ARV is around 205 and the repairs are 50k. Is it ok to wholesale a house with a reverse mortgage? Or is there a...
Paul Leonard
defaulted reverse mortgage
I am brand new to wholesaling and came across a property that defaulted on a reverse mortgage. There are several fuzzy details to sift through. Primary borrower passed away 4 years ago and her son is living in the pro...