To fix this, the sponsor / capital raiser can do one of three things: - Capital call existing investors (who hate this and it is often perceived as a black mark on a sponsor's track record)- Let the bank foreclose, wiping out essentially all equity (obviously, this is also not a great resume builder)- Raise exceedingly expensive second position debt at a 12-15% interest rate.

One pandemic and that entire center, being fitness focused, is wiped out.To win on this you need to reduce the risk.  

does the warranty come in single or two ply to wipe your rear end with ?

Makes sense, because if someone is searching for that and you have 4-5+ bedrooms it wipes out 90%+ of the competition in most markets. 

Now, with a new baby in the mix, living through renovations has become quite the challenge.

They have access to the temperature controls & we pay for the heat, so we don’t know why they didn’t turn it down besides them having new born baby exhaustion. 

A referee deed will be issued and the most debts on the property will be wiped out.

That money won't wipe your butt when you are old and feeble, but your loved ones will, and will do it with care.

Nice reminder....I'm not all that :)That 200k profit would get wiped out in closing costs, realtor fees, property taxes, and insurance.

I think expanding is great, but take baby steps initially.