But for a RE journey you need liquidity. 

The biggest miss I see is some of them giving facts like you can get 1% rule and my investors are doing great...cool, who are there, show us the numbers, show the data.

However, I imagine you'll spend some money on an attorney and I don't think you'll get much out of it, it sounds like the project is not in a place to liquidate and is in capital preservation mode at this point. 

Borrowers need to have 9 Months' P&I worth of liquidity (cash / stocks / bonds / crypto / etc), and 100% net worth relative to the loan amount.

So, if I was the tenant I would be suing you for liquidated damages because you very well may be costing them money and causing them harm.

Cool! 

Also, on the flip side, I'm staying a few extra nights after the conference if anyone else was looking to extend their time in paradise and hang out with some cool cats and kittens 🐱😅Details:https://www.biggerpockets.com/forums/904/topics/1212073-bpco...Looking forward to meeting and getting to know everyone!!

Lots of cool things going on.

However, I was told that wasn't a problem and that I could use a sponsor who does have the real estate schedule, net worth, and liquidity to sign off on the commercial loan and oversee certain operations on the deal.

Having multiple options ensures liquidity and allows for quick execution when opportunities arise.8.