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Updated about 11 years ago on . Most recent reply

Julie Groth's profile image
Julie Groth's profile image
Julie Groth
  • Wholesaler
  • from New Orleans, Louisiana
  • Member since Jul 17, 2011
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Julie Groth's profile image
Julie Groth's profile image
Julie Groth
  • Wholesaler
  • from New Orleans, Louisiana
  • Member since Jul 17, 2011
Connect
Julie Groth
  • Wholesaler
  • New Orleans, LA
3
Votes |
54
Posts
Multi-Family and Apartment Investing

Recourse v. nonrecourse-what's the cutoff amount?

Julie Groth
  • Wholesaler
  • New Orleans, LA
Posted

I know on larger, commercial loans that non-recourse is commonplace. What about "smaller" commercial loans? I'm wanting to buy multi-family 10-40 units, probably $500,000-$1.5m.

Is there a general rule-of-thumb with commercial lenders as to when they start (dollar wise) w/ nonrecourse loans?

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