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Updated over 2 years ago on . Most recent reply

Joe Ansley's profile image
Joe Ansley's profile image
Joe Ansley
  • Rental Property Investor
  • from Atlanta Metro, GA
  • Member since Jul 14, 2017
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Joe Ansley's profile image
Joe Ansley's profile image
Joe Ansley
  • Rental Property Investor
  • from Atlanta Metro, GA
  • Member since Jul 14, 2017
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Joe Ansley
  • Rental Property Investor
  • Atlanta Metro, GA
10
Votes |
60
Posts
Private Lending & Conventional Mortgage Advice

How do you find a non-recourse loan guarantor?

Joe Ansley
  • Rental Property Investor
  • Atlanta Metro, GA
Posted

Where can you find a non-recourse loan guarantor?

  • Joe Ansley
    • 0 Votes
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    David Lilley's profile image
    David Lilley's profile image
    David Lilley
    • Rental Property Investor
    • from Dallas, TX
    • Member since Sep 11, 2016
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    David Lilley's profile image
    David Lilley's profile image
    David Lilley
    • Rental Property Investor
    • from Dallas, TX
    • Member since Sep 11, 2016
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    David Lilley
    • Rental Property Investor
    • Dallas, TX
    170
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    David Lilley
    • Rental Property Investor
    • Dallas, TX
    Replied

    @Wayne Brooks there will always be a guarantor. If though it is non-recourse, you are personally liable if you violate any of the "bad boy" carve-outs (fraud, etc).

    @Joe Ansley network, network, network. Go to REI meetups, talk to everyone, or pay for a mentor if you have to. Make sure you are looking for properties over $1.35mm so you can get non-recourse debt. Highly doubt anyone would sign on a recourse loan.

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