Is my wife financially responsible for failed RE deals?

[Jason K Green]

I am getting started in real estate investing but my wife is concerned about what happens should a deal go south. I have not yet set up an LLC or corporation. Will she be financially responsible if I enter into a deal that fails? I will not be using traditional financing. I plan to use hard money or private lenders. Obviously I do not plan to fail. I am patiently waiting to find a truly great deal. I just want to put her mind at ease.