scenario- I have a 660k mortgage on a house in Darwin which i am 50/50 owner with my sister. Was bought at the height of the 2014 Darwin boom and now we would be lucky to get 550k for it. It is a two storey home that she lives in upstairs and i am renting out the bottom half downstairs . We have spent around 150k on renovations to it. She wants to stay and i am happy to cut my losses. Is there any way I can walk away from this and have her take over the mortgage? from doing a bit of reading on the matter it seems as though this isn't possible without re-drawing the loan, and she doesn't have the money for a new deposit. This is turning into an untenable situation and i have no idea what to do, any advice would be much appreciated!