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Updated about 9 years ago,
DOUBLE ESCROW IN NEW YORK
Hello Everyone,
I am a flipper in New York (Orange County) and I was wondering if you are allowed to use the CASH buyers own money to perform a double escrow closing during a wholesale transaction ? Or do you have to use transactional funding to do this ? I heard different answers from other sources but I want to see what the current answer is in 2016 with some new laws and/or regulations.
Thanks A lot
Greg