Non-Recourse Loans

2 Replies

Looking for banks that offer non-recourse loans for commercial multiunits in Virginia and North Carolina? Please let me know if there are any out there that someone could recommend.

Thank you,

-James

Depends on size and leverage. Generally under $1M you are going to have recourse unless you give up a lot of leverage. Over $2M there are many more nonrecourse lenders with high leverage possibilities.