Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 2 months ago, 10/07/2024

User Stats

51
Posts
23
Votes
Brandon Craig
23
Votes |
51
Posts

Should I sue?

Brandon Craig
Posted

I invested 40k in a syndication 2.5 years ago. It was a 18 unit and a few triplexes. 

We were supposed to get our investment back at refi back in January (year 2)

And then cash flow every month after that until they sold it in 5-7 years

We haven’t received anything. They didnt refi, then tried to sell because they found repairs they apparently didn’t know about. They couldn’t find buyers. 

Now they’ve said they are holding for an Indefinite amount of time and since then they’ve stopped responding to me and email once or twice a year with corporate speak that says nothing useful. 

Am I **** out of luck here or can I get a lawyer involved? 

Loading replies...