re: What are my options if I can no longer afford my house?

Like others have said, hard to give great advice without more info.

First thing should be to start a budget. You'll just be back in the same place in 5 years if you don't find what behavior caused this and fix it.

Is the $50k in equity on the current value of the house? If so, selling that and maybe renting something cheap for a while might not be a bad option. Use some of the $50k to pay off high interest debt and as a nest egg. Put a chunk of it in something that is going to grow a bit but you can still access without penalties as a nest egg for your next house.

Do not pay off stuff you've financed at low interest rates if you can afford the payments comfortably. I grew up in a low-ish income household and was basically taught to pay off everything asap... keep the lump sum of cash if the payments aren't crippling.

What is your vehicle situation? If you have something with high MPG or electric (or can trade down into something where either applies without screwing yourself) ubering for some extra cash might be a way for you to pay down debt and stay in your house. If you have a gas guzzling vehicle you can't get out from under then this need not apply.

If you post the average of how you’ve spent your money over the past few months, and how much net income you’ve had, we can help find the money in your budget. If you’re making more now than 2 years ago, it’s likely you can afford your payments. The help is here if you want it.

You could also just do this question in Gemini or your favorite LLM and get decent options

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your options if you truly cannot afford your mortgage are pretty cut and dried

-sell the house
-cut expenses so you can afford the mortgage
-increase your income so you can afford the mortgage
-split the mortgage payment with another party

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or find some walkable, nice public courses where you can walk 18 holes for $40 or less.

I support the roommate option. Post on Zillow and screen a guy. Legally, you can segregate all you want for a roommate as housing laws are different. Depending on your area, a queen sized bed provided in your furnished guest room, private guest bathroom, and decent location should be worth at least $700-900/month of gimme money.

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There is no reason for a single man with any kind of decent job to have a credit score lower than 800.

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That is pretty much bullshite

My credit score has been over 800 for as long as I can remember. 6 digit salary for over 20 years, never a late payment, pay off CC every month, just $70,000 left to go on current mortgage that is 10 years old, etc.

It dropped to 780, because I got a new AC and they were doing 2 years 0% financing. I pay the $18,000 outright for new AC, my credit score is still in 800s. My score drops because I am fiscally responsible leveraging 0% offers.

Credit score is the biggest made up crap ever.

Rent is going to be more than your mortgage payment OP. Back to square one of the mortgage.

If you don't want a roomate, then what are you going to do if you sell? Live with a roomate in a rental? again back to square one.

You are 27 and own a home, if you don't have a wife there's very little reason to not have a roomate if you can't afford your mortgage without one.

Also, side hustle's are easy as hell these days. Morning a week of Airport Uber ones, one Thursday a week of uber runs to the bar district. Etc. Make an extra $300-500/ month working 3-4 hours a week and all of a sudden your bills are much easier.

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Yeah. He posted 4 days ago he's a 7 handicap. That's a TON of money AND time devoted to a VERY expensive hobby.

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Depends on where you golf. I walk munis after work a couple times a week as a 3 handicap and spend $30 for several hours of exercise and entertainment. My clubs were initially expensive, but the tech has plateaued in the last couple decades that you can keep them for 15+ years if you take care of them. Going on 7 years for my Mizuno irons and 12+ years on my Ping driver and putter. After the initial investment, it can be a cheap hobby if you want it to be.

Now if you're an equipment addict, belong to a private club, or pound beers every weekend while paying Saturday rates, then it really starts adding up.