The Note Closers Show Podcast Working With Elderly Borrowers - Creating Win, Win Exit Strategies
Dec 2, 2022
12:43
On this episode of the Note Closers Show, Scott Carson shares a recent note deal that a student approached him with on the best way to work with a distressed borrower who was also elderly. Scott discusses the different strategies that note investors face and how this borrower might be the perfect fit for a reverse mortgage that pays off the underlying debt and gives the borrower some cash or monthly payments and allows them to stay in their home based on a large amount of equity without ever having to make a mortgage payment again.
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