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In this episode Scott Williams shares his thoughts on the present debt climate for commercial real estate, more specifically, multifamily lending. Scott also talks about his ideas on the future and the probable future swings of interest rates in 2023 and beyond.\n\xa0\nScott Williams is a Managing Director, Commercial Real Estate Debt & Equity Originations at Aline Capital based in Greenville, South Carolina.\n\n[00:01 - 8:31] Opening Segment\nScott discusses his background, current investments, and his last appearance on the show\nNot understanding your prepayment penalty is the most debilitating aspect of returns\nRising interest rates can help reduce fines when borrowing from banks that might be in a swamp position\nScott shares 3 buzz wordsSwap\nYield maintenance\xa0\nDefeasance\n\n\xa0\n[8:32 - 14:59] The Risks in Rising Interest Rate Environment\nTransitioning from permanent debt to bridge financing\xa0\nCoaching people that the market interest rate might still go up\nBeing cautious about prepayment penalties\xa0\n\xa0\n[15:00 - 27:15] Good Looking Business Plan\nDon\u2019t hit the panic button and get a long term fixed rate debt\nExecute and reevaluate the business plan but don\u2019t change due to the environment\nBeing conservative in the underwriting and stick with what is more straightforward\n\xa0\n[27:16 - 33:29] Closing Segment\n\xa0\nQuick break for our sponsors The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.\xa0 Learn more about Personal Capital at escapingwallstreet.com\xa0\n\n\xa0\nWhat is your favorite book?Traction: Get A Grip On Your Business by Gino Wickman\nThe Road Less Stupid by Keith Cunningham\n\n\xa0\nWhat indispensable tool in your business or member of your team\xa0 you can\u2019t live without?Iphone Calendar\n\n\xa0\n\xa0Where is somewhere you're excited to go related to business in 2023?The Mortgage Bankers Association, Commercial Real Estate Finance Conference\n\n\xa0\nConnect with Scott Williams:\nWebsite: https://www.alinecapital.com/\nEmail: swilliams@alinecapital.com\n\nInvest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/\nParticipate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.\nJoin our Passive Investor Club for access to passive commercial real estate investment opportunities.\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\n\xa0\nTweetable Quote:\n\u201cBeing in a high rate environment on a floating rate basis today is still going to be better than paying a multi-seven figure prepayment penalty in 36 months when you didn't anticipate that coming.\u201d - Scott Williams