BryanI think it's best to template for BOTH debt or equity.

For example, I think we are late cycle, so I lean toward the safest part of capital stack which is debt (or debt free equity).

Is he attempting to get out of debt or just looking for an easy way out?

Paying down the mortgage has no effect on the appreciation since the appreciation is based on the PV which is the same if you have 100% equity, 100% debt, or anywhere in between.Appreciation is applied to the property value. 

If your market research (check sparefoot) says rents can go up, you'll make money from increasing rents and occupancy.I'd push on the price, are you getting debt or not?

This is the classic debt or equity question, @Ben C. , best answered by an example.You have $100k in the bank earning a 0% return.

A person can see the indexed references (document numbers), without a paid subscription, but not be able to see the actual text and images of the documents such as deeds, liens, legally recorded chain of title or creditor/debtor information.So I have only had access to the information which is on the assessor's or tax collector's website for transactional history or ownership information.

I would try to price all transactions, whether they are for debt or services, at the market rate.

After spending 15+ minutes on the phone all leads to the same concept of restructuring the debt or taking cash out (lump sum).

I know this is personal for everyone but I'd like to share where I am. My wife and I have good jobs and we do have $80k in debt (not good debt but bad debt). We have leftover around $3,200/ month and we currently have...