RE:RE:RE:RE:The proposition of going private Using my analogy poydras would have bought a acreage with cash, then got a first mortgage for a main structure, got such a good deal they took out another mortgage for a shop/garage and again after such a good deal they took out another mortgage for guest house.
after having a financial institution evaluate all these assets they gave a consolation loan to clean up all the payments and make a better lending relationship. So now when the old farmer passes away next door the lender will see how much equity is available and lend funds to further expand.