Bought several investment properties at the peak of the market. The homes have dropped in value by almost 40% and I am losing money on the rent every month.
I am sick of writing a check every single month to cover the loss. I would like to short sale these properties if possible. I am just wondering if the banks would allow it. What do you think?” asked Dave.
From: http://www.escondidoshortsaleblog.com/escondido-short-sales-can-i-short-sale-if-i-have-substantial-assets-good-income
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