{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Multifamily Money Matters Part 2 \u2014 What Lenders Don\u2019t Like, Market Outlook &amp; Advice for Borrowers with Brandy Shotwell","description":"                  There are things hiding in your loan documents that your lender will never volunteer. In Part 2 of Multifamily Money Matters, mortgage broker Brandy Shotwell and Mark Kenney get specific. Loan rebalancing demands, interest reserve replenishment traps, operator-lenders who can take your property \u2014 and the market characteristics that quietly kill your financing options before you even apply. In this episode you will learn: \u2022 Why the term sheet is non-binding and the loan docs always win \u2014 and what happens when a lender demands a $3M rebalance \u2022 The interest reserve replenishment clause \u2014 how lenders slide it in and why it discourages you from using reserves for their intended purpose \u2022 Balance sheet lenders vs. securitized debt funds \u2014 why in-house servicing changes everything when problems arise post-closing \u2022 What lenders don\u2019t want to see right now: crime in the submarket, weak cash flow, missing T12s, and concentration risk \u2022 The operator-lender red flag \u2014 why working with a lender who is also a property operator is one of the most serious risks in commercial real estate \u2022 Brandy\u2019s market outlook and final advice: why staying active now gets you first call when inventory returns This is Part 2 of a two-part series. Listen to Episode 142 first if you haven\u2019t already. Connect with Brandy Shotwell at https:\/\/www.renocm.com Join us at our next event at https:\/\/thinkmultifamily.com\/event Subscribe to the Think Multifamily Podcast on Apple Podcasts and Spotify.     &amp;nbsp;                   Read the full podcast shownotes, timestamps, resources, and key insights from this episode here: Podcast Show Notes    ","author_name":"Think Multifamily Podcast","author_url":"https:\/\/thinkmultifamily.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/26512440\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/151627290"}