Louis Ziskin

I'll put the building in your name.

Collect the rents.

Rent out all the vacant units.

Collect the rents.

Don't pay the mortgage.

I'll give you $100,000 for burning your credit.

Basically, that was the offer.

So anyway, I get out there and I'm looking into all that.

And I found a Venezuelan guy, Mauricio Vivas.

And he said, I'll buy.

So the law in Florida at that time was once you've sold a certain amount of units in a condo conversion, then the developer...

has to start paying the HOA for the unsold units because now you've got people who bought they're paying in the HOA it's not fair that everybody's not paying in so the developer would have to pay the HOA fees for the unsold units once you hit a certain percentage of sales so that was also in play right here right and uh so I found this guy Mauricio Vivas he wants to buy the remaining 97 units and uh

And he's going to cash them out, so there's going to be no need for bankruptcy, nothing, right?

Like, everything's cool.

And I hook him up with Judah.

And they have a problem.

It's this successor developer thing.

Right.

So I start reading.

I asked this lawyer, Rob Bollinger, who was like one of Judah's younger lawyers.