need advice - Landlord Forum thread

need advice by Anonymous on November 3, 2009 @16:52

Three years ago I had to move due to work. I could not sell house ( in the market for 3 years) so before moving I rented so everything was OKay. I can get the house rented know for three month. Next month is the last that I can afford two mortage. I been looking for a second job to cover the mortage but no luck. I am not a landlord because I want to invest. I had a casline, so I was thinking,I pay the mortage with that credit until I run out of money or find a tenant, or I let the house go forclosure. I dont want my perfect credit to go bad, I dont want to loss the house and the market is so bad that the value is lower I will still have to pay extra of my packet to cover the loan.

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Re: need advice by Micah on November 3, 2009 @17:07	[ Reply ]
It's called a short sale. Ask your bank about it.

Micah, I thought