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Updated about 7 years ago,

User Stats

28
Posts
8
Votes
Rama Krishna
  • Cupertino, CA
8
Votes |
28
Posts

Non recourse loan rates/ providers - Pros and Cons

Rama Krishna
  • Cupertino, CA
Posted

Hi All,

 I have created my self directed 401k and i want to know what are the prevailing rates for non recourse loans.  I got some list of lenders from some website like this:

https://www.sensefinancial.com/non-recourse-lender...

But are there any more banks which i should consider?

I am planning to buy/ hold the property for long term using my 401k so i can use the rent for my retirement purpose.

Also what are the pros and cons of non recourse loans for single family properties using 401k for long term.

Thanks for your opinions,

Rama

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