@Jordan Cardwell I'm struggling with the "need a new $30k car out of the deal" with multiple judgements on the property. What you should be asking yourself is... how would you treat this as a deal if you didn't know the owner?
In most states judgements attach to the real property owned by the individual receiving the judgement and must be paid off for clean title, you need to make sure your getting clean title out of this deal. Talk to a title agent and pay for a title search and title insurance when you close the deal, obviously guy has creditors chasing no telling what else is out there.
@Jordan Cardwell My only advice is to be weary. There is a reason people advise on not mixing family with business. It is very easy to play with the numbers, over estimate, and/or sacrifice potential earnings for those we care about. But sometimes these can add up to taking a loss... that may set you back.
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