19 May
2023
19 May
'23
6:11 a.m.
On Fri, May 19, 2023 at 1:55 AM Taylor Alexander via sudo-discuss
<sudo-discuss(a)sudoroom.org> wrote:
$900k is the total amount still owed on the building
yes?
Approximately.
There is also a large tax debt, but we're hoping that will be forgiven
this year.
Is there some smaller amount of upfront cash we could
give to a bank to secure the loan? Like if someone provided $200k with the expectation of
getting it paid back eventually, could we give that to the bank and ask for the $900k
loan?
Maybe! A second loan is better than nothing. How much better might
hinge on what they mean by "eventually" and what kind of interest they
want to charge us.