Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

105
Posts
58
Votes
William Yeh
  • Real Estate Broker
  • Walnut Creek, CA
58
Votes |
105
Posts

Enforceability of Corporate Guarantee?

William Yeh
  • Real Estate Broker
  • Walnut Creek, CA
Posted

Hey BP,

I'm considering investing with a group that does flips and they provide a corporate guarantee backed by both their liquid and non liquid assets on all investor funds that they accept.

While I have some familiarity with personal guarantees on loans received from banks, I've never dealt with a guarantee from the other side of the table. Does anyone have experience in having an investment guaranteed and the enforceability of such a guarantee? If the catastrophic happened, what's stopping the group from liquidating everything and closing up shop?

Thanks in advance.

Loading replies...