Legal & Legislation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago on . Most recent reply
Buying shares from an LLC, is this fishy?
I'm looking to buy shares of an LLC. The LLC is owned by a trust and a couple of investors. The trust is looking to sell 1 share to me. The owner of the trust says he'll personally guarantee my money back within 6 months if no cash flow from biz. He wants to give guarantee with a notarized memo. But he says he can't put that guarantee in the purchase agreement because the other investors wouldn't agree to it. Can he guarantee my money with the memo? does this sound fishy?