It's not impossible to get financing, but they will require more of a cash, injection from you and they won't be as agressive with the terms.

By taking the equity from one property and reinvesting it into another, you can continue building your real estate empire without constantly injecting fresh capital.Why BRRR Works for Real Estate InvestorsThe BRRR strategy allows investors to grow their portfolios faster because it leverages the property’s equity to fund future deals.

This allows you to reinvest in new opportunities without needing new capital injections.

Seems they could recharacterize their $2.9M from a loan to a capital injection to meet lender requirements, but instead they are 'asking' (threatening complete loss of your investment) for you to repay them. 

If you want to offer liquor or wine, consider making it an optional package guests can purchase in advance—an excellent profit injection opportunity!

How much cash have you already injected into the deal including soft costs like architectural fees, permitting, etc...that you can document.

This trend will continue as distressed assets in sectors like multifamily seek capital injections to avoid foreclosure or unfavorable sales.Mezzanine debt, typically subordinate to senior debt, offers higher returns to compensate for the increased risk.

The last thing this country needs is ANY more money injected into the economy. 

When I have injected my ideas of lower leverage to those that are worried about high leverage, I have had a number of people insisting and trying to convince me that being leveraged at 80+% on all of their properties is less risky than my having a lot of my properties paid off.

You may find a partner who is more willing to put in a larger capital injection if they get a better CoC return or equity stake.