In addition I have $23k debt from my undergrad and grad school which I think I will pay off in less then a year I believe.

.- your just trying to hustle someone for your gain.If u find a house that has equity and the seller needs out quick for some reason - u telling me theirs not enough vultures outs a there to at least buy it 4 his debt 4 cash so he can walk.Be the person to put that deal together with someone who has cash.

Perhaps unload it during inflation/hyperinflation, pay off all mortgage debt and start free and clear for the new dollar, amero, or whatever the next more global currency will be.

As of right now in the downturn economy, with fewer being able to show ability to repay via low scores and debt to income ratio, they have SAID that they will be willing to take those land parcles using an HELOC using the top credit line at only 40% of lowest appraisal found.

The company is a world leader in the industrial batteries business. also, they have been buying up competition while maintining a strong balance sheet i.e. low debt.

If the debt service is already 1/2 of the gross income, you can expect the OE is also 50% of the gross and therefore offers no cash flow.

This is an apartment building.Gross rents: $142,800Expenses: $80,000(includes 5% vacancy rate) derived from APODNOI: $62,800 (gross -expenses)Debt Service : $40,000 (approx) I don't know when the leases are up.

Our economy is almost entirely based on consumer spending - consumer spending that has been financed with debt and fake appreciation (first on stocks, then on real estate).

Or is there a way to negotiate, or eliminate them entirely?

That fraction is the total debt divided by the basis.Then, yes, you will pay taxes when you take the money out.