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Multi-Family and Apartment Investing

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Nicholas Lui
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Seeking Advice on family owned Apartment

Nicholas Lui
Posted Jun 27 2019, 00:13

Hello everyone,

My family owns an apartment building in an affluent neighborhood in the Bay area. Due to family infighting/embezzlement a judge has ordered everyone named on the title sell the property. It is not distressed but could use upgrading, I am not on the title but feel it would be best to buy the property myself vs selling to outside parties for future passive income. Thoughts?

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