Our partial interest properties make use of non-recourse loans. As a result, our partial interest investors can benefit from buying properties with leverage – but this debt doesn’t appear on their personal financial statements and therefore does not affect their ability to secure credit.
Hate the loan application process, but need a new loan to fulfill your 1031 Exchange requirements? Partial Interest properties come with turn-key debt that can make your replacement property purchasing process a lot simpler.
Some investors are waiting for interest rates to drop before they buy property. This month, I will suggest that they reconsider that strategy. After all, lower interest rates usually lead to higher prices – and refinancing at a lower rate for a lower monthly payment is possible in the future.
Interest only loans are exactly what their name implies; a loan where the borrower makes payments of “interest only.”
Many investors are holding real estate they have owned for decades. The good news is that their mortgages are paid off, and they own the properties free and clear.
A non-recourse lender is making a loan to the property, rather than to the investor personally.
