Chicago has the second largest HUD housing program behind New York City. 

hi community i am a newbie. I am from upstate ny. Welcome other newbies. Thanks to all the non newbies

It is just that I am more familiar with the southern CT towards new york.

I wanted to network with wholesalers in New York, New Jersey that can help me with leads for  subject-to and lease option deals or show me how to generate these types off leads.Thank you 

Certainly a bit different from the great spaces New York has to offer.

if there is a tax lien, then, of course, these people have not been paying taxes. all they want is the money they can get without shelling out any expenses of their own. i would make an offer, close o asking price, contingent upon getting inside, and doing an inspection; then, lower the price based upon what you see. if they will not agree to letting you in, make them a lowball offer based upon the assumption that the place is gutted. as far as the tax lien, if you really want the place, go buy the tax lien from the county. in new york state, you can automatically add a 14% intrest cost onto that which the owners have to pay you when it sells. if they do not pay up in 2 years, you can get a deed to the place. then go wave that in their face and see how quick they move on your lowball offer

Account Closedwas a vp at a New York City advertising agency 

That's crazy and makes no sense but then again this is New York we're talking about...almost as crazy as CA....

@George HermannI find it's less of analysis paralysis and more of being a grad student in New York City.

I don't see a problem with it IF they're not suckering in newbies and unloading crap. ie many of them try to sell a lot of "newbie trap" notes: New York notes, underwater Florida notes when they could be stripped in chapter 7 BK etc.