I’ve helped many borrowers. Hard times are here. Get your house in order. Go through your loan docs. What you see may surprise you AND save you lots of heartache.
Uninformed common sense reactions will kill you. Lenders will pursue personal guarantees - even though your loan is non-recourse.
It’s not about winning. If you’re in a PG case with a lender, financing other assets will be almost impossible. In commercial real estate, if you can't finance deals, you are up a creek.
