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Typically, lenders will pursue personal guarantees when the LLC is unable to fulfill its obligations, such as missed payments or defaulting on the loan.

Peter - please stop lying and spreading defamatory information on this site, or we will be forced to pursue legal action against you.

So all you might end up paying would be small fees not part of closing, title, settlement, etc.example $68,457 would be $745.15 a month.Who are actively pursuing such equity loan products?

This has always been a massive dream/goal of mine to pursue, so the fact that it is now a time in my life that I can, I am ready to dive into this business, and see all that it has to offer.Thanks for reading, and I look forward to connecting in the BiggerPockets world here soon!

Should I pursue other markets or strategies?

What would that cash flow allow for you to pursue that you otherwise couldn't? 

Aloha @Denise McWhorter - it might be better to spend your time looking for a pre-foreclosure versus pursuing foreclosed property. 

We are not pursuing this deal, and we have engaged BOR to ensure we are adequately covered - and may not even proceed with this clients request.

I'm interested in pursuing this route instead of the rental-investment options.