I am however, looking for insight into this specific deal & insight into how one may restructure some creative %, splits, etc.Even with the above said I do appreciate the 'devils advocate' slant you took. 

The subject property is currently listed for sale The existing mortgage is a “restructured mortgage” Transactions in which a portion of the proceeds of the refinance is used to pay off the outstanding balance on an installment land contract regardless of the date the installment land contract was executed.

The subject property is currently listed for sale The existing mortgage is a “restructured mortgage” Transactions in which a portion of the proceeds of the refinance is used to pay off the outstanding balance on an installment land contract regardless of the date the installment land contract was executed.

Why can't the bank restructure the loan, release one of the properties to be sold and use that to pay the balance?

I am new and I'm considering restructuring our LLC (3 total in our LLC, me, a friend and attorney friend—friend has RE experience).

Last year my long-term girlfriend bought a owner occupied duplex that we've been renovating with the intent of using the equity to buy a second property.Unfortunately, our relationship has soured (but maintains a good friend/working relationship) and she wants to be bought out.Issues:-I'm not on the deed (yet)-I'm not on the mortgage (5yr balloon due in 4)-I have no significant cash for a down payment but good credit and income.Goal:-Pay off current mortgage-Repay her initial down payment-I assume/restructure to get the duplex and mortgage-Pull out any remaining equity for a 50/50 split.

It would have to be with a restructuring where she doesn't have to deal with the mundane nonsense anymore and work on just the strategy parts she enjoys for the next few months until things come to fruition.  

Partnership's and the finance commitments associated with this type of loan structure present short term gains, and long term restructuring difficulties.

I restructured and rebuilt and am now training a few key staff members into shareholding positions.I was 19 when I opened my business and made every single mistake you can possibly make (I EMPHASIZE THIS!

I need advise on how to restructure this debt.