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Reverse Mortgage Blog

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Captain of Industry, or a second round

February 7, 2019

J.W. in San Diego with a free & clear home valued at $2 million, took out a HECM of $240,000.  He did this to create a publishing business with his son.  If he had passed away the next day, he would have left his son $1.7 million instead of $2 M.  He would be happy with that.  As is, he greatly enhanced his legacy.  He also created a line-of-credit for future protection.

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Jay Kaplan
This is the place to share. Share news, updates and opinions. The reverse is the most misunderstood item in the lending and financial home ownership arena; we need more exchange of ideas. This area is for questions and, I hope; answers. Please keep the dialogue going in the name of education, and that goes both ways. Please see that I have added two categories from The Educated Retirement show for Nostalgia and Wisdom
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This is the place to share. Share news, updates and opinions. The reverse is the most misunderstood item in the lending and financial home ownership arena; we need more exchange of ideas. This area ...
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