Real Estate Investing Forums

VA loan, underwater, want out — what would you do?
Foreclosures
Lakewood, California
VA loan, underwater, want out — what would you do?

I’m looking for advice on the cleanest way out of my house. VA loan balance: ~$886k Mortgage payment: $5,944/month My take-home income: ~$5,400/month Rental income from people living in the house: ~$3,600/month Total monthly cash coming in: ~$9,000 If I rented the entire house, I’d still be about...