Being an equity partner in buying a property, the loanees have stated that for added security, I could be listed on the mortgage so that in the event of their default, I would get my equity portion directly in the property (as a lien holder).
My question: If this is a rental property, doesn't...
Being an equity partner in buying a property, the loanees have stated that for added security, I could be listed on the mortgage so that in the event of their default, I would get my equity portion directly in the property (as a lien holder).
My question: If this is a rental property, doesn't...