How to wholesale a house that has a reverse mortgage

2 Replies

Hi Everybody

I am new to wholesaling and a friend was telling me about a person who has a house for sale but it has a reverse mortgage. How do you work with that? What are the options? I would appreciate any advise.

Thanks, 

Lucy

Yes, the price is more than the loan, but the owners are asking market price. The house is in very good shape so they are going to list it. Thanks, for  your reply.