What Is A Non-Recourse Loan In SFR Investing?
Non-recourse loans are secured by property collateral — lenders cannot pursue borrowers beyond seizing the asset upon default.
A Non-Recourse Loan is a debt instrument secured by real property. Upon borrower default, the issuer can seize the collateral but cannot seek out the borrower for any further compensation beyond the property itself.
The information in this article is for educational purposes only and does not constitute tax, legal, financial, or investment advice. Consult a qualified professional before making investment decisions.