Adam Fountain вЂ“ Get ahead.
Adam Hooper вЂ“ if you take on leverage, if you raise a $200 million fund, you might lever that to $400 million of capacity if you raise a $200 million fund, you have $200 million of capacity, where youвЂ™re saying.
Adam Fountain вЂ“ Right. And where in actuality the nagging issue may appear is, letвЂ™s assume you create a million buck loan. YouвЂ™ve raised $500,000 from investors, then you borrowed $500,000 from the bank in order to make that loan compared to that builder or designer. Now, if that loans goes sideways for you, along with to simply take that home straight back, the lender will probably desire its cash.