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November 18, 2025 38 mins

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Risky lending is back. From rescue loans for low-credit borrowers to 50-year mortgages, the debt side of real estate is starting to look a lot like the pre-2008 era. So if you’re only paying attention to your DSCR rates, you're missing key shifts in the lending industry that could impact your next deal. Tune in to hear what we learned at a private lending conference, why some new loan products make us nervous, and how investors can benefit from them!


Topics discussed:

Introduction (00:00)

Highlights from a private financing conference (03:45)

Foreign investment, hedge funds, and more shifts in private lending (09:25)

How loans move through originators to platforms and aggregators (13:12)

How investor demand impacts loan rates (17:08)

Why some investors can’t get loans and how to be a better borrower (18:20)

How lenders are approaching the real estate market (20:07)

The perks of investing in the distressed debt market (21:09)

Debt liquidity and who loses in a private lending collapse (23:25)

Hot take on the 50-year mortgage (27:30)

Why lending is getting risky again (32:23)

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