The terms of the deal would enable those creditors to be paid back in full in cash rather than having to wait or taking equity positions in exchange for their bonds. (nreionline.com)
The combined effect of rising asset value and falling debt value has pushed up net equity position of homeowners to $ 12 trillion, which has essentially doubled in the past four years. (economistsoutlook.blogs.realtor.org)
In any event, my time is better spent lending money to those in the real estate business by either making hard money loans or taking equity positions in their property. (biggerpockets.com)