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So, should I stick with a failing investment, or should I sacrifice my credit score while saving a lot of money?


A few of my rail crews have been talking about exactly this problem. The conclusion they came to was to continue making the minimum payments on the $400,000 house and set in motion the plans to buy a $165,000 house (not that much different, now). Use the good credit to get the second house, then let the first one go. Make regular payments on the second home and repair the credit rating.

Sue