Unlocking the Potential of Reverse Mortgages

Josh Perez • April 19, 2024

In my experience as a financial advisor, I've noticed that reverse mortgages often carry a veil of uncertainty or even negativity. However, I believe it's crucial to shed light on their true potential, especially for individuals at a certain stage in life, like many baby boomers.

"Would you rather safeguard your equity and potentially compromise your quality of life, or leverage that equity to enhance your current situation?"

Let's delve into a common scenario: You've diligently built equity in your home over the years, but now you're faced with decisions about its future. Perhaps you're contemplating downsizing or selling to access that equity. But what if your home still holds immense sentimental value and meets most of your living requirements? What if a few renovations or adjustments could make it the perfect abode for your evolving lifestyle? This is where the true value of a reverse mortgage shines through.


Some may argue that borrowing against your home's equity depletes your financial assets. However, let's broaden our perspective. Would you rather safeguard your equity and potentially compromise your quality of life, or leverage that equity to enhance your current situation?


Consider this: You possess a substantial $2 million in home equity. By utilizing a portion of that equity through a reverse mortgage, you're left with $1.5 million. Is that still sufficient to leave a legacy for your loved ones or support your family? Meanwhile, the funds you've unlocked can finance your comfortable stay in your home, facilitate necessary renovations, cover healthcare expenses, enable travel, or aid your family. And all the while, you maintain ownership of your appreciating asset.


It's about reframing the narrative and recognizing the long-term benefits of tapping into your home's equity through a reverse mortgage. Rather than viewing it as a drain on your financial resources, perceive it as a pathway to improving your quality of life and maximizing your assets.


Ultimately, the decision to pursue a reverse mortgage warrants careful consideration tailored to your unique circumstances. But I urge you not to dismiss it without fully grasping its potential to unlock opportunities for a brighter future.

Josh Perez
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Deposit Lending And Bridge Financing

By Josh Perez • April 30, 2025
Let’s say you have a home that you’ve outgrown; it’s time to make a move to something better suited to your needs and lifestyle. You have no desire to keep two properties, so selling your existing home and moving into something new (to you) is the best idea. Ideally, when planning out how that looks, most people want to take possession of the new house before moving out of the old one. Not only does this make moving your stuff more manageable, but it also allows you to make the new home a little more “you” by painting or completing some minor renovations before moving in. But what if you need the money from the sale of your existing home to come up with the downpayment for your next home? This situation is where bridge financing comes in. Bridge financing allows you to bridge the financial gap between the firm sale of your current home and the purchase of your new home. Bridge financing allows you to access some of the equity in your existing property and use it for the downpayment on the property you are buying. So now let’s also say that it’s a very competitive housing market where you’re looking to buy. Chances are you’ll want to make the best offer you can and include a significant deposit. If you don’t have immediate access to the cash in your bank account, but you do have equity in your home, a deposit loan allows you to make a very strong offer when negotiating the terms of purchasing your new home. Now, to secure bridge financing and/or a deposit loan, you must have a firm sale on your existing home. If you don’t have a firm sale on your home, you won’t get the bridge financing or deposit loan because there is no concrete way for a lender to calculate how much equity you have available. A firm sale is the key to securing bridge financing and a deposit loan. So if you’d like to know more about bridge financing, deposit loans, or anything else mortgage-related, please connect anytime! It would be a pleasure to work with you.

Should You Double Down or Diversify in Real Estate Investing?

By Josh Perez • April 30, 2025
If you’re crushing it with duplex conversions, Airbnb rentals, flips, or student housing, you might be wondering: Should I double down on what’s working—or start learning about other strategies to diversify my real estate portfolio? It’s a great question—and one I get asked all the time. My typical advice? Double down on your strengths, outsource your weaknesses. If you’ve found a strategy that fits your skills, market, and cash flow goals, it’s smart to build momentum. But in real estate—especially in today’s market—it’s just as important to stay informed and flexible. Why Staying Educated Matters Real estate isn’t static. The rules of the game are constantly changing. Lending practices shift. Local bylaws evolve. What worked flawlessly last year may become less profitable—or even unviable—this year. Here’s what I mean: “If lenders and banks don’t want to lend as much on certain assets—like student rentals or short-term rentals—or they start to clamp down on duplex conversions, that changes your rate of return. That changes the rules of the game.” If your entire strategy depends on leverage (and let’s face it, most real estate investing does), changes in financing can dramatically shift the effectiveness of your current approach. Keep Learning, Stay Adaptable Even if you’re succeeding now, always keep learning. New strategies like BRRRR, rent-to-own, mid-term furnished rentals, or commercial opportunities might offer different advantages in changing markets. You don’t need to master them all, but you do need to understand how they work—and when it might make sense to pivot. Final Thoughts Crushing one niche? Keep going. But don’t ignore the bigger picture. As markets evolve, being aware of shifting rules, lender policies, and local regulations will give you the edge.  At the end of the day, the best investors aren’t just good at one strategy—they’re nimble, informed, and proactive. If you want to chat about how to strengthen your current investments and position yourself for what’s next, let’s connect.