There’s a reason probate is such a complicated area of real estate: when someone passes away, everyone tries to lay claim to their estate and it’s tough to tell who’s in the right 😬
When we got in contact with this gentleman, he laid out an INCREDIBLY complicated situation…
His father, who married VERY late in life, passed away. And when the seller reviewed the contract…
It was fraudulently notarized 😳
In situations like this, it seems VERY likely that the seller will win in court. In that case, we often front the money for the trial and recoup it after the closing
This seller is tired of this incredibly complicated situation and just wants to sell his father’s property to send his own son to college…
Let’s see if we can make an offer that works for everyone 🙏--
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David Choi is a real estate investor, entrepreneur, and private equity fund manager based in northern New Jersey.
As the CEO of Leverage Companies, David currently has over $60mm in assets under management and has taken over $100mm in small to mid cap multifamily projects full life cycle.
As founding member and partner of Brick City Capital, he has been a part of originating over $100mm in commercial financing annually, and he currently serves as an advisory board member and partner of The Da Silva Team, Newark's #1 real estate company. Prior to founding Leverage Companies, David worked for some of the largest Real Estate Private Equity companies in the country as a key member in acquiring and managing over $2 Billion AUM.
As a social media personality, David has accrued over 50,000,000 views on his content documenting his day to day in real estate investing and sales. As the founder and host of the Deals & Dollars media brand, he has given perspective and interviewed some of the top operators in the industry in order to bring valuable insight to investors across the country. In his spare time, David has founded Leverage Cares, a philanthropic company focused on bringing financial literacy to the city of Newark.
David graduated Cum Laude from Rutgers Business School with a degree in Finance with a concentration in Real Estate, where he now currently serves as a Professor teaching Real Estate Finance.
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