Updated almost 12 years ago on . Most recent reply

Is it Possible to wholesale a property with a Reverse Mortgage?
Hey BP,
Hope I can get some assistance on this one. I'm still new so please bare with me. I recently had a call come in from an owner that wants to sell his fathers property fast which is great but he has a reverse mortgage on the property.
I'm not familiar this type of situation and want to know if wholesaling the property is an option? And if so, What information do I need to know from the owner to make this work out? So for I've just ran numbers as if it were a traditional wholesale deal.
Thanks and hope to hear some helpful tips soon!