Friends Question: A certain landowner is willing to lend money to a foreigner but wants to have a local resident sign as a resident…
Friends Question:
A certain landlord is willing to lend money to a stranger but wants to have a local resident sign the loan with an 100% on the loan. I would love to know how to find such a grantor and what is customary to give it for this signature? Do you bring him in as a partner and if so how much? Is it customary to pay him for it? Is it advisable to ask him to participate financially in the loan as a partner or just sign it?
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