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Updated almost 13 years ago,
Upside investment property that has an HELOC Line of Credit
I have a condo in another state that is upside down by appox. $50,000. I have an interest only loan on it that expires October 2013. I have been renting it out but just want to get rid of it. I don't want to do short sale or foreclosure. Does anyone know any banks that could help me with this or have any suggestions on what I can do with this property. I don't want to hurt my credit. I'd really like to get rid of it. Thank you.