Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
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

All Forum Posts by: Charlotte Dunford

Charlotte Dunford has started 91 posts and replied 455 times.

Post: Loan guarantor motivation

Charlotte DunfordPosted
  • Investor
  • Johns Creek, GA
  • Posts 463
  • Votes 488

@Caleb Heimsoth Thank you. I understand that it's a business, not a fairy tale, and everything has a price. And there absolutely nothing wrong with it. In fact, that's great that people want to get compensated, would make me more nervous if they didn't want compensation.

I'm looking at $2 million in loan amount, non-recourse. Apartment complex is one of my biggest focus areas.

Post: Loan guarantor motivation

Charlotte DunfordPosted
  • Investor
  • Johns Creek, GA
  • Posts 463
  • Votes 488

@Caleb Heimsoth does the particular asset type/deal matter to you? For example, you would only be a loan guarantor to an apartment building, or mobile home park. Etc?

Post: Loan guarantor motivation

Charlotte DunfordPosted
  • Investor
  • Johns Creek, GA
  • Posts 463
  • Votes 488

@Caleb Heimsoth absolutely agreed.

Post: Loan guarantor motivation

Charlotte DunfordPosted
  • Investor
  • Johns Creek, GA
  • Posts 463
  • Votes 488

@Caleb Heimsoth. Hi Caleb. Thanks so much for your response and input. I really appreciate it. Yes I'm offering 1-3% of loan amount as compensation, for a non-recourse loan. And 4-5% for a recourse loan. Other than the compensation part, what others thing would hedge the risks, or spark the interest for a potential loan guanrantor? What would be an offer that a potential loan guarantor cannot resist?

Thanks a million!

Post: Loan guarantor motivation

Charlotte DunfordPosted
  • Investor
  • Johns Creek, GA
  • Posts 463
  • Votes 488

What would motivate someone to be a commercial loan guarantor? The compensation? Equity position? The deal itself?