27 October 2015 | 5 replies
Since there is no personal guarantee with non-recourse loan the down payment requirements are higher, usually 30-50% down depending on the location and property type.

6 October 2015 | 15 replies
One of my mentors picked up their first major property with owner financing while searching for potential deals to assign, then chose to rent out the 3bed out as 3 student housings.Can't guarantee it would work in your situation, but it might be worth considering, at least.

6 October 2015 | 9 replies
After 6 months of a 12 month lease the person decides to give a 30 day notice with the excuse that the building department says it was last known as residential and would need zoning hearings which could take 4 months with no guarantee.

6 October 2015 | 7 replies
We did find another lender willing to do a 15 year fixed rate loan at 3.75% but requires the Buyer to be an LLC, put a minimum down payment of 25% and provide a personal guarantee.
6 October 2015 | 4 replies
You'll likely be providing a personal guarantee, anyway, in your business's early days.I have a mentor who teaches building business credit.

7 October 2015 | 13 replies
Another aspect of business entities that a lot of folks miss is that business entities can get their own credit, separate from your personal credit, though you may need to provide a personal guarantee when your entity is young.Lenders, creditors, etc. like to see businesses be at least two years old for better lending / credit terms.

5 January 2016 | 78 replies
, but alone is not enough.Education + Drive + action = highest probability of success.If you're looking for guarantees, I have bad news for you: there are none to be bought or sold.

8 October 2015 | 5 replies
And it is possible to use leverage for such purchase, but the loan has to be non-recourse (conventional financing will not work since you as disqualified person are prohibited from providing personal guarantee).

27 October 2015 | 12 replies
They offer a 30 day money back guarantee and I'd like to get a refund but one of the requirements is a "UNINSTALL CODE" Does anyone know what this is or how to get it?

6 October 2015 | 0 replies
Would any mortgage lender allow an already existing corporation purchase the property with a personal guarantee from my self and my business partner?