Upside down

[Shelly Scruggs]

I wanted to refi and use equity in my rental property to fund another buy and hold purchase.  Discovered I was upside down.  Is there anything I can do?

[Austin Hughes]

As long as it is cash flowing, just be thankful, and look for other creative ways to finance the new property!

You could try selling it, but most good investors will realize the price is too high.

If you're LOSING money every month, you might consider a short sale.