Foreclosed Investment Property
September 1st, 2009
Foreclosed Investment Property
Question: Will I lose my house after my 6 investment properties are foreclosed on. How can I keep my home.I'm self empld?
I own a small construction company. Work has been slow. My credit cards are maxed out and I am about to not be able to pay the 7 mortgages I have. (4 houses have been unrented on and off). I want to at least keep my primary residence for my kids. I have a small pension fund. I need to keep that and use it for food and basic expenses. What is the best plan of action?
Thank you.>
Answer: try selling your rentals as fast as you can if you can. Then work on keeping the home you live in try bidding lower on some jobs to keep the cash coming in as well
16207 Ohio, Detroit Foreclosure / Investment Property
>
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
Related posts
Posted in Foreclosed Homes | 
Tags: Advice, buying, flipping, foreclosed, foreclosed property, Investment, investment property, Property Investment
Leave a Reply
 |
 |
 |
||
 |
 |
|
 |
||