Quote:
Originally Posted by dknv
You've got to be real careful these days, with people renting out their upside-down mortgaged homes. Some renters have been evicted, because the home was foreclosed, and on top of that, the owners weren't in the position of being able to refund deposits.  |
Good point.
I was referring to people renting their investment properties because they can't sell them for what they owe and they're waiting for the market to turn around. Not people renting their investment properties because they can't afford the payments on them!
I guess I'm not sure how to tell them apart.