Subject 2 in NY. - Posted by luke

Posted by luke on November 20, 2006 at 19:19:52:

Thanks!

Subject 2 in NY. - Posted by luke

Posted by luke on November 19, 2006 at 11:50:36:

I’m looking for someone that has acutally purchased a home in NY by taking the property subject 2.

I have an opportunity to do so and I know how to, I just want to talk/email to someone who has actually done it to get some perspective and ensure I’m not missing anything.

Thanks,
Luke

Re: Subject 2 in NY. - Posted by B.L. Renfrow

Posted by B.L. Renfrow on November 20, 2006 at 18:17:15:

Having done a number of them in the past, there’s nothing particularly unique to NY. Just be sure, if you’re buying from sellers in foreclosure, that you’re aware of the Draconian new anti-investor law, signed by the governor and taking effect in January.

Brian (NY)

Re: Subject 2 in NY. - Posted by ken

Posted by ken on November 19, 2006 at 18:10:33:

I have on occasion.Generally only long enough to fix and resell.It is nothing special, you are just using the existing financing until you sell it although you could use it long term.You can reach me monday at 518-365-9428 after noon Ken Spink