hard money for high income earners
Anyone with any strategy advice for those with "high income" regular jobs?...should I use my own earned capital or should I use hard money loans to fund deals? Thanks
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Elena Pech My point with the “de-risk” comment was that my thinking from the perspective of multifamily, which would be financed with commercial loans that could be non-recourse, so in that event, to me, his risk is limited to the capital that he invests and the rest of the capital at risk (probably 60-80% of the purchase) would be that of the lender’s. If we are talking about a recourse loan then you make a good point, there can be the additional risk that there is almost no limit to the assets that the lender could go after in the event of default.