I don’t know if there is any equity in the primary residence either, maybe a small amount but due to our financial hardship there are many major maintenance factors on the home that we can’t afford to fix that would dramatically hurt the potential resale value if we were told we had to sell the house to pay for college.
As I’ve mentioned before, the other properties cannot be given away as the mortgages far exceed the value. I sure wish we could give them away!