I'm a new investor who was dragged into buying new homes and flipping it after. Unfortunately, after buying 2 high end homes...the flipping part didn't happen. This is the month where I know I need to do something because I can't make my mortgage payment on my 2 investment.
1st - do I apply for hardship? 2nd- go foreclosure - deed in lieu 3rd-chapter 13?
what will happen to my credit? I've never been late so this would be the 1st time. How should I market this house in California? The community is close to a million but I'm selling mine at least 200,000 less. Please HELP!

If you're selling it for $200,000 less than other houses in your area and it's a similar house, you shouldn't have a problem selling it quickly. Also you should have $200,000 in equity so your best bet right now would be to refinance and pull cash out of the equity quickly before you're late on your payment; if for whatever reason your loan isn't ready before the next mortgage payment date, borrow money from someone to help you until you get your mortgage money.

Assuming your credit is still good you shouldn't have a problem doing this. Once you refinance, sell the house.

Yes, i think some. Lucky

Good luck man , i think you thinking right.

agree with you. GL!!!!