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Many new investors are typically familiar with recourse loans, which involve personally guaranteeing the loan. However, there is another financing option known as non-recourse loans. Unlike recourse loans, non-recourse loans are not dependent on the investor's income but rather on the property's income. The significant advantage of non-recourse loans is that they do not require a personal guarantee. Therefore, in the event of default, lenders cannot pursue the investor's personal assets. This pr
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