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ASK MIKE MONDAYS: “DEFAULT INTEREST- A lending phrase you must learn!”
Manage episode 409942283 series 1181820
When a property fails, and the borrower stops making payments…that’s a problem for the lender and the borrower. What you may not know- is that when you stop making mortgage payments- this will cause the lender to accelerate your interest cost. Yikes!! In your loan documents there is specific language that aids the lender by increasing your current interest rate to over 20%.... Yes…it’s a huge jump that goes from BAD to WORST immediately. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory. If you enjoyed this discussion; Please leave us a 5-STAR RATING on iTunes.
524 حلقات
ASK MIKE MONDAYS: “DEFAULT INTEREST- A lending phrase you must learn!”
Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles
Manage episode 409942283 series 1181820
When a property fails, and the borrower stops making payments…that’s a problem for the lender and the borrower. What you may not know- is that when you stop making mortgage payments- this will cause the lender to accelerate your interest cost. Yikes!! In your loan documents there is specific language that aids the lender by increasing your current interest rate to over 20%.... Yes…it’s a huge jump that goes from BAD to WORST immediately. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory. If you enjoyed this discussion; Please leave us a 5-STAR RATING on iTunes.
524 حلقات
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1 EPS 318 – Takeaways from NMHC's Annual Meeting in Las Vegas and Navigating 2025. 43:50
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1 ASK MIKE MONDAYS: “Michael, what do you expect in 2025 for apartment investors?” 30:02
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1 EPS 317 - Meet the Dynamic Duo Behind the Apartment Investment Revolution: Corey & Candice Muldrow 38:58
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1 EPS 316 - DFW is one of the top 1-2 institutional markets in the nation. Why are THESE buyers flocking to North Texas? 42:18
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1 EPS 315 - "Real-Time Insights from a Manager of 35,000+ Apartment Units!" 49:37
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1 EPS 314 - "What to Do When Your Lender Delays Closing: Can You Still Recover?" 56:46
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1 EPS 311 - The ZERO to ONE Challenge. Buying your first large apartment building. Can YOU do this? 47:00
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1 EPS 310 - YOU HAVE TO LISTEN TO JACK COHEN. Period. 37:14
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1 EPS 309 - Top Apartment Owner/Sponsor Mike Ochstein: 40 years of knowledge explained. 36:05
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1 EPS 308 - Where do you make money at these days? War Fighter and Top Apartment Broker; Mark Allen chats about the North Texas market. 31:40
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1 ASK MIKE MONDAYS: “Will the ½ point FED cut… going to help apartment investors?” 25:03
مرحبًا بك في مشغل أف ام!
يقوم برنامج مشغل أف أم بمسح الويب للحصول على بودكاست عالية الجودة لتستمتع بها الآن. إنه أفضل تطبيق بودكاست ويعمل على أجهزة اندرويد والأيفون والويب. قم بالتسجيل لمزامنة الاشتراكات عبر الأجهزة.