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re: underwater on a real estate loan
Posted on 3/26/12 at 11:56 am to Htown Tiger
Posted on 3/26/12 at 11:56 am to Htown Tiger
Adding a twist to Htown Tiger's hypothetical... I know a guy with an FHA mortgage that is under about $50K. Negative cash flow from renting is about $400 a month (so he claims so more likely $600 lol).
I couldnt find an official govt program to help him as it is an investment property. Any ideas all mighty ones?
I couldnt find an official govt program to help him as it is an investment property. Any ideas all mighty ones?
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