Used to you could sue and also get extra damages and double dip but many contracts took that out to where you select one or the other meaning to sue or accept liquidated damages of a specified amount.Maybe start a little higher and then go down in what you will accept to go away for a contract termination fee etc.No legal advice

c=2&pdf=19993 In this case, the judgment was a personal judgment and the LLC "saved" the person from the bank liquidating the LLC interest.

Most Realtor contracts detail in the Buyer Deposit section that the deposit is the only liquid damages entitled to the seller in the event of default.

It's split pretty even between using your own money or others.Follow on question...what percentage of your liquid net worth are you willing to have in a deal(s) at one time?

There is a lot more work you would need to do to evaluate and monitor the privately traded ones and they are less liquid.

This could be one I keep for the long haul, or in maybe 5 years sell and take the equity and appreciation and use that towards a duplex or multi family.For a little more background about me, most of my dollars are tied up in my IRAs (probably about 5 times my current income) and I dont have a lot of 'liquid cash' after accounting for personal emergency funds etc...

Investor has between 50k and 100K liquid assets.

There were only 24 from 2000 through 2006 but from 2009 until today there were 466 total failures.The FDIC rarely liquidates a bank that fails (meaning the bank disappears and all of the assets of the bank are sold & deposits paid off) Usually, the FDIC chooses to 'sell' the bank's assets to another bank which also assumes (the liability of) the deposits.

I ended up being able to liquidate my moving company and focus solely on RE investing after my first year.

Borrowers are more accountable.In some entities, a member or stockholder may have an equity position attached to assets, rights to employee contributions, pay, benefits or internal arrangements that may limit the ability to liquidate assets or attach accounts, such arrangements are generally provided among those having a major or significant interest.