.………………. 309Tax Reduction Process………………….……………………………... 310Property Tax Case Documentation………………….…………………. 311Resources and Tools for Tax Consulting……………………………… 312Lease Option Consulting………………….…………………………… 312L/O Business Model………………….………………………………... 313The Licensee Approach………………….……………………………. 313The L/O Investor Approach………………….………………………... 314Rating the L/O Tool………………….………………………………… 315L/O Concepts………………….………………………………………. 315Investor Assignment Technique………………….……………………. 316Lease Option Pitfalls………………….……………………………….. 316Chapter 14 Making Money with Land……………………………… 318The Land Business Model………………….…………………………. 318Land as an Investment………………….……………………………… 319Raw Land ROI Rule………………….………………………………... 319The Advantages of Land………………….…………………………… 320Cellular Phone Tower Leases………………….……………………… 320C.P.T.

To "hedge" your equity position you need to reduce principal.Look at an amortization schedule at a loan amount over 30 years, the principal reduction is minimal in year 1 and barely increases in 5 or 7 years.

The reason for the delinquency was either (a) layoff due to reduction in force; (b) medical emergency or (c) death of the primary breadwinner; and3.

Are you talking about a principle reduction refi?

THEN DO REAL NUMBERS and it is likely your analysis will build a solid case for price reductions or other concessions.

I went down a few years back looking and it's really rough stuff I wouldn't touch no matter the price.I think it is way overpriced and you need to get a reduction to take this on.

We can graph the loan and data as such:The blue is the borrower's cumulative principal reduction paying to zero over time.  

Don't get a PM until you can afford the massive cf hit and reduction in tenant experience because they don't ask 2 simple questions right away. 

If you look at an amortization schedule, you can calculate how much in additional principal reduction it would take to knock off a year, depending on where you are in the life of the loan.

DOM is up price reductions are up, and intense bidding wars are down.