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Updated about 10 years ago on . Most recent reply

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William Behring
  • Investor
  • East Falmouth, MA
1
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12
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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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5,028
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
2,573
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5,028
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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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