Ask the Advisor – How can I hold on to overleveraged properties until the market picks up?
$225.00
Description
Abstract: Many owners and investors are juggling unprofitable projects and properties that are saddled with debt that exceeds their value. They may want to hold on to the real estate because of its potential long-term value but find that refinancing isn’t a realistic option. Other options, however, are available. These include restructuring debt, raising capital and partnering with one’s lender. In some instances, immediate foreclosure and bankruptcy might be the best option.
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