Hello. New to this forum and really appreciate everyone here! My husband has been a self employed contractor for 30+ years and I was the "employed" one with a fixed salary and bennies. We purchased rentals as we could for our retirement income. Had 8 homes and pretty much "on track" with rental income at least meeting PITI mortgage pmts. Then - husband decided to buy two 4-plexes since sale price was $50k under appraisal. Still, had to re-fi 2 other houses for down. These are both upside down each month and then, BAM, I get cancer and am now permanently disabled due to nerve damage and you KNOW where my husband's construction business is with the current downturn.
Sorry for the long history. We are currently 2 months behind in all payments except own residence. Is there ANY chance I can do this myself? I am not an accountant and am not sure even how to fill out an income/expense sheet - if I had a spreadsheet it might be doable. Should I just get it over with and hire an attorney? Is there an attorney that specializes in investment property? I'm sorry - not sure even how to proceed. Thanks for any advice.