BiggerPockets

No doubt about it. Banks are hunkering down for the coming debacle on loans maturing next year. Upon renewal, the required appraisal will show a much lower value than when the loan was originated. Banks will also demand a paydown to an appropriate LTV that was lower than original deal. Between the two of these factors, borrowers will either be unable or unwilling to make a huge paydown. Whatever cash the banks have they are holding on to rather than loaning out.

I too have and continue to make plans!

I'm already preparing!