Has anyone ever done a Private, Reverse Mortgage?

[Mindy Jensen]

I want to buy my neighbor's house. They don't want to sell it, but they're in poor health, strapped for cash, and want to stay in their home.

My market is super hot, and I don't want to have to compete for this house with the thousands of other investors in my market.

Also, one of my neighbors is a total jerk, and at the very least, I want to control who moves in directly next door. 

Is it even possible to do a reverse mortgage privately? Would an attorney set this up? Any advice would be lovely, thank you.