The bank will want to know if you have any assets that could be used to repay the loan on the FL property.If you (because it's your name on the mortgage) have equity in the GA home, they could refuse the short sale and want you to liquidate that asset first.

A great realtor is an asset.

.....If you were two months behind on your mortgage and had $1600 in your checking account, had no other assets, and were wondering if you should make you $1290 mortgage payment?

$10m might be difficult in liquidable assets but is definitely possible to own that much on paper with real estate values.

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Good debt is an asset while Bad debt is a liability...

•Credit aging – Do you have a family member or a friend that would be willing to add you as an authorized user on their credit card account?

What he does not like is a company that has too much debt compared to income/assets.

The asset manager is telling us that he has multiple properties that are waiting with the same problem from the same bank.

Deflation in already super-inflated assets like real estate, and inflation in energy, food, etc.In fact the real problem is insurmountable debt levels both public and private and huge misallocation of capital due to government meddling.