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Updated 8 months ago on . Most recent reply

Kwanza P.'s profile image
Kwanza P.'s profile image
Kwanza P.
  • New to Real Estate
  • from Bay Area California
  • Member since Oct 9, 2022

User Stats

178
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67
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Kwanza P.'s profile image
Kwanza P.'s profile image
Kwanza P.
  • New to Real Estate
  • from Bay Area California
  • Member since Oct 9, 2022
Kwanza P.
  • New to Real Estate
  • Bay Area California
67
Votes |
178
Posts
Mortgage Brokers & Lenders

Non Recourse Loan

Kwanza P.
  • New to Real Estate
  • Bay Area California
Posted

Anyone with experience (and/or referrals to lenders) with non-recourse loans? I live in California but am looking to invest in Texas, Alabama. 

  • Kwanza P.
    • Dallas, Texas
    0 Votes
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    Jesse Rivera's profile image
    Jesse Rivera's profile image
    Jesse Rivera
    • Lender
    • from Long Beach, CA
    • Member since Jun 20, 2013

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    Jesse Rivera's profile image
    Jesse Rivera's profile image
    Jesse Rivera
    • Lender
    • from Long Beach, CA
    • Member since Jun 20, 2013
    Jesse Rivera
    • Lender
    • Long Beach, CA
    296
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    496
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    Jesse Rivera
    • Lender
    • Long Beach, CA
    Replied
    Quote from @Erik Estrada:

    Why do you need a non-recourse loan? They exist but they are mostly for commercial properties. 


    If you buy an investment property with your IRA, most require a non-recourse loan.

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