I’ve been asked the question recently, “Would you personally guarantee a loan from a private lender?” This is an interesting question. I’ve heard the argument for both sides of this answer and like many good questions I see validity in both sides. When you come into the creative real estate world if you’re following some of the better trainers (Ron LeGrand, Lou Brown, Richard Roop) then you’re taught to NEVER personally guarantee anything. I get this and it is good advice. Besides it’s too easy to buy houses without having to personally guarantee loans. But here is something to consider, Read more
