What is a Non-Recourse Loan and How to Use it | Mark J Kohler | Tax & Legal Tip
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- เผยแพร่เมื่อ 24 เม.ย. 2016
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This video is about Non-Recourse Loans and how to use them.
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BRO THANKS FINALLY SOMEONE WHO EXPLAINED IT EASILY.
Thanks man!
Yessss
Lord thank God for Mark! You always make things so simple for me.
Loved your way of Presenting❤️
Just an overall likable guy. Amazing content, thanks Mark!
Aww really appreciate it!! Thanks man!
Really good job. Thanks.
thanks! keep up the good work!
Thanks so much! Thanks for watching!
your video is so great. thanks
Thank you so much! I appreciate it.
Great video
thanks
Hi - I am planning to do a Fannie Mae or similar non-recourse loan but the lender is insisting on us signing a "bad boy carveout" to do the deal. Does that violate self-directed IRA rules?
That is a great question! Call 800-818-1322 and they will definitely be able to give you insight on your question!
What if you purchased a property using funds from a self directed 401k plan for the down payment of the property and the property wasn’t put under the name of the trust rather it was put under your personal name. How would you go about correcting this?
Oh my gosh so so sorry I took so long to reply...If you still need help on this (hopefully you already found an answer), please reach out 435-586-9366
More or less it's a kind of coletreal leasing.Am I Right mark??
u da man
I'm flattered!Thanks!
HELOC? recourse or non?? Utah.
My Man
Does one need an IRA do get a non recourse loan?
Well, that's an interesting question. No...anyone can get a non-recourse loan. Most non-recourse lenders don't care if it's an IRA or a person. They want a cash flow producing property, 40% down and a 10% reserve. Which isn't the worst thing either. It means you aren't over leveraged, and you get great cash flow. Some people like more leverage, but the "non-recourse" is pretty sweet too.
@@MarkJKohler 40% down? Ouch...Well, maybe one day
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Yes! Call: 888-801-0010