In 2005, my father and I invested heavily into real estate in Fl. Bad idea now, obviously. He decided last year to build a new home and now cannot help me with the Fl property. Legally, we are both bound to the agreement, I know. I have carried the full amount for the last 4 months but in the process depleted ALL financial assets I had. I cannot continue and feed myself. I made contact with the bank and asked about solutions. Only solution I heard was "Pay it". The loan is 142k and the property would probably only bring 70K on a good day. I am currently not late on any payments and have great credit score.
What are my options?