So this is the latest....I bought my condo 2 years ago with a CalHFA first time homebuyers loan. My condo has DROPPED $100,000 in value (sucks to be me). I obviously can't sell it, and my mortgage is 1700, plus 225 HOA fees. So total payment is just under 2000. I could POSSIBLY rent it for 1300, unless I can find a way to hook up with a travel nurse company and rent it furnished for more.

This leaves me with a monthly payment of about 650, PLUS paying rent, etc wherever we end up moving.

Has anyone else been in this situation? Am I going to be able to get loans that will cover school, living expenses AND this 650 payment? I hear it is difficult enough to get loans for school and living, much less extra money.:2in1: