having trouble making payment to the lender on our rental property in Michigan
we own rental property in MI that was once our home before we moved to FL where we now reside. we may not be able to keep making the payments to the lender on this rental property due to: inability to collect enough rent, huge increase in taxes on the property, unexpected repairs we paid for on the property. we contacted Everhome Mortg. co. who suggested that we complete a \"loss mitigation package\" & send to them for review. (we have heard that it takes a very long time to get a decision back from them and that short sale, loan modification, or deed in lieu of is not granted very often anyway). Any suggestions would be appreciated. in the mean time we are running up credit cards in order to stay current on our payments to Everhome, our lender. Thank you.