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Updated almost 10 years ago on . Most recent reply

William Behring's profile image
William Behring's profile image
William Behring
  • Investor
  • from East Falmouth, MA
  • Member since Feb 28, 2014
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William Behring's profile image
William Behring's profile image
William Behring
  • Investor
  • from East Falmouth, MA
  • Member since Feb 28, 2014
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William Behring
  • Investor
  • East Falmouth, MA
1
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12
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General Real Estate Investing

Underwater help needed

William Behring
  • Investor
  • East Falmouth, MA
Posted
I have been trying to do real estate deals since 2008. I had large deal with HUD to rehab an old school building. Due to health issue I had to drop it. Then the 2010 bust forced a short sale of a investment house. Now my home has underwater equity loan. How can I refinance with a underwater equity loan.
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Curt Davis's profile image
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Curt Davis
  • Flipper/Rehabber
  • from Memphis, TN
  • Member since Aug 30, 2008
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Curt Davis's profile image
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Curt Davis
  • Flipper/Rehabber
  • from Memphis, TN
  • Member since Aug 30, 2008
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Replied

Maybe check into a HARP loan.  Otherwise you can continue to just keep making your normal payments as thought your underwater value wise, if you can keep making the payments then dont plan on moving for some time. 

  • Curt Davis
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