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.
Love the show? Subscribe, rate, review, and share!
Join the Note Closers Show community today:
The Note Closers Show - The #1 Podcast for Note Investing