Covid19 had nothing to do with my situation.

Geez, I'm just trying to get a second look at my math for the current situation.

I'm looking for advice on a situation with an investment property my business partner and I purchased in June 2024 under our joint LLC in Springfield, OR.

@Tom OchiengI would reach out to a real estate attorney for specific advice on this situation since you already have one tenant who is being difficult.On a side note, when I have inherited tenants, I have been most successful when I have provided longer non-renewal notices, like 60-90 days, and offered to assist with moving costs.

This can put a significant strain on your finances and cash flowThey also often require a large down payment themselves and may have a strict repayment schedule that can be difficult to meet, especially if there are unforeseen circumstances or delays in renting the property or generating income from itIn addition, relying on this type of loan may expose you to higher financial stress and the possibility of default if you are unable to meet your loan obligationsThe final decision depends on your overall financial situation, risk tolerance, and your ability to manage the associated costs and obligations

I would have just filed a lawsuit against them and took it from there.This situation is quite complex.

Hi Joshua,It sounds like you’ve got a solid situation—congrats on positioning yourself so well!

.🤝 A Place for BothHere's the thing - it's not really an either/or situation.

It sucks being a situation where you want to unwind a sale or have to lawyer up and go after the seller.

But I'll monitor the situation as time unfolds.