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Private Lending & Conventional Mortgage Advice

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Phil Morgan
  • Investor
  • Amherst, OH
43
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79
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Non-recourse portfolio loan?

Phil Morgan
  • Investor
  • Amherst, OH
Posted Mar 23 2018, 12:10
Is a non-recourse portfolio loan a thing? I am asking because I have a few buildings that we purchased using normal bank financing which that we would like to transfer into a portfolio loan. I know non-resource only applies to larger loans but since this group of properties total over a million dollars it might quality. Has anyone does this before?

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