Restructure the business, you retire, your parachute includes continued salary or dividends or whatever benefits.

.- 2nd Lien was restructured in Sept 2016 for $ 22,500 and the payment is $ 300/Month amortized over 7 Years and it was performing till Aug 2016 and hopefully it is nowProperty Fair Market value is arounf $ 200 K .

So then you restructure the contract to reflect a $360k sales price with a $10k seller subsidy.

This has helped me restructure my plan of action.All the best,  

I don't think you have enough time, and your property is not in a position to play hardball restructure with your current lender.

Bankruptcy is usually take to stall foreclosure or restructure the debt.

Brandon Hall I currently have a contract in on a promising buy and hold rental property with a motivated seller that's looking good to close in early January if the sellers accept the restructure of their counter offer.

I havent used them since the restructure. Ive

DSCR is a measure of the property's ability to cover its debt service payments.NOI/Payment, not (NOI+(Other non-related income))/Payment.There are only 2 ways to improve DSCR:1) Increase the numerator (NOI) either by increasing income (of the property specifically) or by decreasing expenses (tax abatement, lower insurance premium, restructuring leases to put more expenses on tenants, etc).

These losses are not discarded, they are postponed.Second, you seem to be looking for a way to restructure your passive losses from rentals into active business losses.