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Seriously bad news on the commercial loan front. All the best will in the world has not proven effective. In the current banking climate, no one will give us the loan for the building. There is also no selling anything even if we wanted to. They'll give us about 2/3 of what we need to fund the loan. The rest is the cruising kitty and an investment from my mom. Ironically, this means that the property will start making us money in two months rather than costing us for the next 3. However, it's not enough to sustain us. We're going to play games with the cash, I'll pick up another writing contract, and DrC will work 3 months next summer instead of three weeks, and we'll be able to stay out here until May 2010. However, after that we have a hard stop due to lack of funds.
There is part of me that is totally crushed by this. There is another more sensible part of me that says WTF. It's not like realistically we could have kept cruising forever anyway. If nothing else would have stopped us, teenage girls would have put a halt to the whole thing in more or less two years anyway. There is also something rather settling about knowing The Date. We don't have The Plan yet, but at least we know when we get off the boat. It enables us to put boundaries around where we go and what we do. And finally, even before this all went down, I was pretty certain we were going to run out sometime in the summer of 2011 anyway.
Already, the family is brainstorming "What to do next!" There are many ideas floating around. By then, both properties will be completely self-sustaining. If we sell the boat, we can literally move anywhere, do anything, start over. We'll be broke, but we'll largely be unencumbered and we should be able to pull a small amount of starting money out when we offload Don Quixote.
The thought of selling Don Quixote makes my stomach clench.
However, I'm sitting in one of the prettiest docks in the world, listening to the gulls, and contemplating actually going to get a pastry and latte to celebrate circumnavigating Vancouver. I refuse to get depressed because I can't play hookie from making a living for the next forty years.
There is part of me that is totally crushed by this. There is another more sensible part of me that says WTF. It's not like realistically we could have kept cruising forever anyway. If nothing else would have stopped us, teenage girls would have put a halt to the whole thing in more or less two years anyway. There is also something rather settling about knowing The Date. We don't have The Plan yet, but at least we know when we get off the boat. It enables us to put boundaries around where we go and what we do. And finally, even before this all went down, I was pretty certain we were going to run out sometime in the summer of 2011 anyway.
Already, the family is brainstorming "What to do next!" There are many ideas floating around. By then, both properties will be completely self-sustaining. If we sell the boat, we can literally move anywhere, do anything, start over. We'll be broke, but we'll largely be unencumbered and we should be able to pull a small amount of starting money out when we offload Don Quixote.
The thought of selling Don Quixote makes my stomach clench.
However, I'm sitting in one of the prettiest docks in the world, listening to the gulls, and contemplating actually going to get a pastry and latte to celebrate circumnavigating Vancouver. I refuse to get depressed because I can't play hookie from making a living for the next forty years.
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