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b'Over $1.7 trillion of commercial mortgages are coming due in the short term.\\xa0 In a normal world, that debt would be refinanced and life goes on.\\xa0 But today, many of those properties are underwater and there just aren\\u2019t as many lenders willing to refinance these loans.\\xa0 In fact, our guest says that over $1 trillion of those loans will need to be re-negotiated.\\xa0 Why?\\xa0 Well, when you owe the bank a $10,000 you have a problem, but when you owe the bank $10 million, the bank has a problem.\\xa0 And when banks lose a trillion dollars, we all have a problem.\\xa0 It\\u2019s a complex topic with many nuances and lots of lessons.\\xa0 Our expert guest Phil Jemmet runs a company that specializes in large balance commercial loan workouts.\\xa0 He gives us a street level perspective and explains the process for getting these big problems down to a manageable size.\\xa0 Your problems may be smaller (for now), but the principles of dealing with them are very similar.\\xa0 So listen and learn as Phil Jemmet shares his secrets for reworking loans that are no longer working for you.\\xa0 The Real Estate Guys\\u2122 radio show provides real estate investing news, education, training and resources to help real estate investors succeed.\\xa0 Learn more and subscribe to the free newsletter at www.realestateguysradio.com'