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Updated over 5 years ago,

Tony Castronovo's profile image
Tony Castronovo's profile image
Tony Castronovo
  • Rental Property Investor
  • from Park City, UT
  • Member since May 23, 2016
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User Stats

678
Posts
531
Votes
Tony Castronovo's profile image
Tony Castronovo's profile image
Tony Castronovo
  • Rental Property Investor
  • from Park City, UT
  • Member since May 23, 2016
Connect
Tony Castronovo
  • Rental Property Investor
  • Park City, UT
531
Votes |
678
Posts
Multi-Family and Apartment Investing

Recourse or Non-Recourse

Tony Castronovo
  • Rental Property Investor
  • Park City, UT
Posted

I'm currently in a recourse loan on a MF property and in the middle of refinancing. As I evaluate loan offers I am getting both recourse and non-recourse offers. Of course I understand the desire to have a non-recourse loan.  But seems that these inherently come with pre-payment penalty terms, where the recourse loans have no pre-payment penalties.  Is this just how it works or is it negotiable?

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