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Updated over 7 years ago on .

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Downers Grove, Illinois
  • Member since Jul 14, 2017
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Downers Grove, Illinois
  • Member since Jul 14, 2017
Connect
Account Closed
  • Downers Grove, IL
165
Votes |
366
Posts
Buying & Selling Real Estate

Reverse Mortgage Multi?

Account Closed
  • Downers Grove, IL
Posted

A bit too young to do this now, but the idea intrigued me. Buying a 4 unit with a reverse mortgage. One could have rental income at the same time, monthly draw payments. Aside from some folks not wanting to be a landlord into their ripe old age, I am sure there are some cons to doing this type of thing.        

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