Are you stuck with a bad income investment property forever? The short answer is no. There are escape routes, though some are better than others. Your best defense against ending up the owner of a bad property is to follow our advice and not invest in a property unless it makes sense the day you buy it.
But, unfortunately, some people stray outside the Empowered Investor Network advice and find themselves stuck with an “asset” that no longer strictly falls under that definition. Here are some ways you might consider getting out of an upside down mortgage.