What can you do if you are in a troubled loan with a balloon/maturity scenario? If you do not have the capital to provide cash-in, there are two options generally available, depending on the situation. I think that the "rescue capital" story in the market is probably not correct, but that's a story for another day. What do you think? Am I missing any alternatives? Video courtesy of Erik Egelko and his podcast, EZ Deals. Link in comments.
Julian Perry
3w
Curious what your shoulder and bicep fitness routine looks like 🤔🤔🤔
You have a permit for those guns?? 🤣
Trey Wheeler
3w
When maturity date arrives, it's always better to be in a position to take a profit than not, which is why buying right is so important. Great stuff Dillon Freeman, CFA.
Sell the property. Bailout refi eliminates equity/profit and increases foreclosure risk.
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3wObviously option 3, if you have the money, is continue to pay the loan/extend if you’re able to…hard to capture nuance in a brief video