Good morning PF! My wife and I bought an apartment condo-conversion back in 2006. We were young and only saw the market raising. The loan was interest only and we could only afford to make those payments, even when we were renting the unit out. The rent barely covered the mortgage and HOA dues. We've tried to call our lender to get assistance and/or refinance just to be told they could not help us until we are past-due three months. We are tired of trying to keep afloat, there is no way we can ever make any money back if we tried to sell. Has anyone been in a similar situation that can give their experience? I'm sure there are many variables, just feel lost and a set of anxiety rushes over.
Submitted August 30, 2017 at 08:42AM by Zubiee http://ift.tt/2wifuab
