How can I do a deal with someone who has just taken out a reverse mortgage but wants to downsize
drove by a house in disrepair today and talked to a neighbor who knew the owner and mentioned that the property has a reverse mortgage on it. does anyone have any ideas or experience on back tracking the reverse mortg...
Hello BP. I have a question in regards to reverse mortgages. What are they? How does it work? I am going to see a property to wholesale tomorrow on the Cape where the homeowner has a reverse mortgage that she is be...
How can you get a property that has been contracted by a reverse mortgage company; out of the deceased owner's name? The property hasn't been sold; and sits vacant. Why isn't it in the reverse mortgage company's name;...
If anyone comes across a deal/opportunity where the homeowner has a reverse mortgage on the home, I might be able to help answer questions or point you in the right direction. It could be anywhere in the U.S. and it ...
Made an offer today on an MLS-listed REO. The listing agent told me that it was a reverse mortgage. Can someone explain this to me? I think I know what a reverse mortgage is - where an older person (or persons) ...
We found a couple of properties that have reverse mortgages but are abandoned homes. Working on finding the owners. Saw that the the mortgages are more than the homes are worth even on a retail level. However, the tax...
Can a relative of a deceased person who had a reverse mortgage sell the property? Is there something to look for in the contract language or is it pretty much a dead issue? No pun intended.....
Hey BP Family!I've just finished the rehab on a property in Norfolk, VA. I really like the idea of doing a reverse arbitrage. Has anyone done this before?Would anyone be interested?Jim
Hello BiggerPockets community! I have a quick question that I would like to pick everyone’s brain about. I have a great property located in a downtown area that is currently listed for commercial. It is an interesting...