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Updated over 5 years ago on .

User Stats

10
Posts
2
Votes
Nick Schiltz
  • Investor
  • Worcester Ma
2
Votes |
10
Posts

Good deal but pending litigation

Nick Schiltz
  • Investor
  • Worcester Ma
Posted

Looking at a multifamily family deal that is part of a larger condo association. The problem is there is a pending lawsuit and a large sum of delinquent condo fees.

Is this a red flag or perhaps a simple fix and good bargaining chip?