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Private Lending & Conventional Mortgage Advice

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Chris Weiler
  • Flipper/Rehabber
  • Anaheim, CA
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188
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To recourse or non-recourse

Chris Weiler
  • Flipper/Rehabber
  • Anaheim, CA
Posted Nov 24 2011, 09:43

On a large loan, all things being equal, would you rather have a 6% loan with a personal guarantee or a 12% non-recourse loan? Assume a 10 year loan where you have cash flow rentals that can easily cover debt financing.

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