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Updated about 7 years ago on . Most recent reply

Stan C.'s profile image
Stan C.'s profile image
Stan C.
  • from New York, NY
  • Member since Jan 14, 2018
Connect

User Stats

100
Posts
20
Votes
Stan C.'s profile image
Stan C.'s profile image
Stan C.
  • from New York, NY
  • Member since Jan 14, 2018
Connect
Stan C.
  • New York, NY
20
Votes |
100
Posts
Private Lending & Conventional Mortgage Advice

What is a Non Recourse State?

Stan C.
  • New York, NY
Posted

Does that mean that lenders of a traditional loan on investment property in a Non Recourse state can not go after personal assets except for the collateral property in case of default? 

In particular I'm asking about North Carolina. 

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