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What Are the Biggest Risks?
Lik: The number one risk, which we aray alluded to, is counterparty risk. Worst case scenario is you by loan, you sign a contract, you the funds and you never get your collateral file. Lik: It's worth spending some money up front to have counsel actually look over an asset. He says it can save you a ton of trouble down the line when buying in the secondary market.