If you want out of this cycle your best best is a short sale.
Call us about this 360-265-2777.
Mike & Sandi Nelson
Have you contracted the present lender to see what they might be able to offer ?
Good luck whateverr you do.
Yes you can. It is possible, but not nearly as readily available as modifications on owner occupied properties. I have clients here in Bellingham that have recently had the same scenario you're describing and they have successfully modified their non-owner occupied loan. It is all up to the lender, however. I would contact their "loss-mitigation" department and proceed from there.