Will I lose my house after my 6 investment properties are foreclosed on. How can I keep my home.I’m self empld?

Thursday, June 19th, 2008

Staci K asked: 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 [...]

How to get more than 10 mortgages on investment properties?

Sunday, June 10th, 2007

M5 asked: We own 10 investments properties and have 10 mortgages (with Bank of America) on each one. The bank is saying that they can do only 10 mortgages per person. How or where can we go over that limit, with reasonable rates and closing cost.
Thanks for looking.Ronnie

How can I sell investment properties if I will probably get offered less than I owe on them?

Thursday, November 16th, 2006

Brian E asked: I have 5 duplexes that I would like to sell. I might not get what I owe on them. Is there a way to sell them for less than I owe without going to foreclosure. I am not currently behind on the mortgages, looking for options.Floyd