No, I’m not suggesting that you always feed a property, and certainly not without a strategy.
But here’s three things you need to know about special servicers
0. The lender must address major loan issues
0. If you are not in default, they have no choice but to be constructive
0. If you do default (often without knowing), you lose almost all your leverage.
The key is to use the lenders rigidity in your favor. This is not an overnight play nor is it for the faint of heart. It’ll probably the most complex negotiation in which you’ll ever participate.
