Looking for a Nonrecourse Lender
Hey guys, does anyone know of a lender that would do 30% for a non-recourse loan for my SDIRA? I don't have a lot in the account and admittedly, I didn't realize how much you'd actually need to do the deals. I thought I would be able to put 20% down but I spoke with a lender yesterday and he told me they require 40% but after fees and closing costs, you'll really need 55%.
Kenneth Bentley
Looking for
Birmingham, Alabama
You can go through this list and ask. https://www.biggerpockets.com/member-blogs/2810/50272-list-o...
@Kenneth Bentley - yes, we offer NR loans. However, I think your down-payment is a little high. Let's discuss. Reach out.
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