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I like the surviveability attitude For stuff like this I have a philosopy............... assume that 30 seconds after you have agreed to something the deal turns to custard, do I have a demonstrated exit strategy. In your case, get your broker to run the various take out finance options...

make sure you have options to take the finished product elsewhere, thats the best leverage and our standard methodology. There is no need for 15 year PI terms when you have single strata security. Subject to a bit of refinance capacity one can often move out of comm altogether. If...