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Updated 3 months ago on . Most recent reply

User Stats

100
Posts
44
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Kwanza P.
  • New to Real Estate
  • Bay Area California
44
Votes |
100
Posts

Non Recourse Loan

Kwanza P.
  • New to Real Estate
  • Bay Area California
Posted

Anyone with experience (and/or referrals to lenders) with non-recourse loans? I live in California but am looking to invest in Texas, Alabama. 

  • Kwanza P.
  • Most Popular Reply

    User Stats

    491
    Posts
    293
    Votes
    Jesse Rivera
    • Lender
    • Long Beach, CA
    293
    Votes |
    491
    Posts
    Jesse Rivera
    • Lender
    • Long Beach, CA
    Replied
    Quote from @Erik Estrada:

    Why do you need a non-recourse loan? They exist but they are mostly for commercial properties. 


    If you buy an investment property with your IRA, most require a non-recourse loan.

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