Anti-Flipping Policy?

[Joshua McCarthy]

I talked to a lawyer in Buffalo, NY today about doing a wholesale deal with him and he said he wouldn't do it because Buffalo had an anti-flipping policy.. I asked him to elaborate and he couldn't he just said for the amount of the deal he wasn't comfortable doing it. This is the lawyer recommended by the reia on their page. Has anyone heard of this that could explain how to get around it or if its even real? Thanks.

[Andrew Schultz]

I know it exists, but I thought it only applied to properties purchased at the city tax auction.  I'm not sure on that, however.  I believe it's a 90 day hold period required, but it may be as much as 6 months.

I really don't know much about the details, but I know that people wholesale in Buffalo all the time so it must not be a deed restriction applied to every transaction.

If you are wholesaling, your name would never hit a deed record anyway.