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re: I need some advice on this buisness deal

Posted on 12/3/12 at 3:43 pm to Broke
Posted by TIGRLEE
Northeast Louisiana
Member since Nov 2009
31493 posts
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Posted on 12/3/12 at 3:43 pm to Broke
Needs ton of work.
Luckily my buddy happens to be in that line of work.. so the expenses are minimal
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Posted by mpar98
Baton Rouge
Member since Jan 2006
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Posted on 12/3/12 at 3:45 pm to TIGRLEE
deals too good to be true usually are
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Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
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Posted on 12/3/12 at 4:07 pm to TIGRLEE
My first thoughts:

Environmental liabilities missed in the appraisal
Tax Liens out the arse
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Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
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Posted on 12/3/12 at 4:08 pm to TIGRLEE
quote:
Luckily my buddy happens to be in that line of work.. so the expenses are minimal


I would say the fact that he has his own equal amount of money in the deal is a positive, but........
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