Asked by Lily
Hi,
I invested in a $1.1M pte condo with a childhood friend. She told me that the owner wanted upfront cash of $150K. I trusted my friend and so I paid up my half share of $1.1M +150K. When I was given the legal document, the purchase price was reflected as $1.1M only.
I immediately I MAY have been swindled. I am not 100% sure.
Can you tell me if this is a fishy deal. And can you advise how I can get out of this since we have accepted the 10% option.
I appreciate your invaluable advice.
I invested in a $1.1M pte condo with a childhood friend. She told me that the owner wanted upfront cash of $150K. I trusted my friend and so I paid up my half share of $1.1M +150K. When I was given the legal document, the purchase price was reflected as $1.1M only.
I immediately I MAY have been swindled. I am not 100% sure.
Can you tell me if this is a fishy deal. And can you advise how I can get out of this since we have accepted the 10% option.
I appreciate your invaluable advice.
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