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Updated over 3 years ago on . Most recent reply

Kim Huynh's profile image
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Kim Huynh
  • Investor
  • from 06082
  • Member since Jun 12, 2021
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Kim Huynh's profile image
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Kim Huynh
  • Investor
  • from 06082
  • Member since Jun 12, 2021
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Kim Huynh
  • Investor
  • 06082
6
Votes |
20
Posts
Private Lending & Conventional Mortgage Advice

Should I say yes to personal guarantee?

Kim Huynh
  • Investor
  • 06082
Posted

Hi.  I just had a commercial lender ask if I will personally guarantee the loan, and am not sure if this is normal?  Should I be saying yes, or is this to risky and I should say no?  Thanks. Kim

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    Kim Huynh
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    Kim Huynh
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    Kim Huynh
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    • 06082
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    Kim Huynh
    • Investor
    • 06082
    Replied

    Loan is for 130 - 250K.  

    Bill William, I agree! Just wasn't sure if that is the norm so I will continue looking at other lenders.

    Thanks everyone!

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