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rental property in TX
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brina

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Post Posted: Sun Apr 18, 2010 4:43 am    Post subject: rental property in TX
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live in CA have 2 four plex and unable to make the payments (have been paying the diffence for three years now and am unable to do it anymore) called banks to attempt refi, loan modification. told must be behind in payments (this is the first month unable to pay) also told that current gov. prog do not apply b/c they are investment properties. what can be done or what are my possibilities?? tax hit???
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jheard
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Joined: 12 Dec 2007

Posts: 742
Location: Houston, TX
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Post Posted: Sun Apr 18, 2010 12:41 pm    Post subject:
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Sell the properties quickly. Consult with a local realtor.
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Disclaimer: This is not legal advice and I am not your lawyer. The information provided in this forum is for discussion purposes only, and is no substitute for an in-person consultation with an attorney who can analyze all of the facts and determine how your state and local laws may apply to your specific situation.
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