If you’re in a partnership deal, do your best to finance your deal with a non-recourse loan by Greg Poor
If you’re in a partnership deal, do your best to finance your deal with a non-recourse loan.Non-recourse means that you aren’t personally guaranteeing the loan. This gives you two distinct advantages: it allows you to be taken off the loan if the partnership goes sour and, if the property fails, it won’t be tied to you …