Is this possible?

[Sherifftruman]

Man, too bad more people are not like you. We would be much better off right now.

I like the idea of renting it. Even if the rent was less than the payment, that would essentially be the same as you paying a little of the deficit each month, except one day you might or even probably will be able to sell and get some or all ofyour money back.

[chicagojlo]

If you do decide to do some kind of short pay make sure it's wrapped by before Dec 2012 or you'll be taxed on the forgiven amount too.