Posts Tagged 'deed in lieu'

Investor Loan Modifications Versus Bankruptcy

Posted on: December 7, 2009

Categories: Investors, Other Articles, Things To Consider

Author: buyfixandprofit

Investor Loan Modifications Versus Bankruptcy

Upside Down Investor Mortgages

Did you get way in over your head during the housing boom? Are you now drowning in debt trying to keep up with the payments on your upside down investment properties? Did you cash out refi every penny of equity you could squeeze your mortgage broker to find for you? Do you have tenants that constantly miss payments and there’s nothing you can do about it because you have run out of money to evict them? Unfortunately, there are many real estate investors that can answer yes to these questions.

Upside Down Mortgage Options

First of all, don’t panic. The worst thing that can happen to you is that your credit score will be ruined for some time, maybe a long time.  But remember, this is NOT a life or death situation and there is no… Read the rest

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