Would someone buy a note like this?

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Posted by Ken Phillips on July 21, 2005 at 22:10:42:

I'm a mortgage broker in NY and I have a self employed customer that has bad credit and is interested in buying a multi family from the city and rehab it then live in it. How could you structure the note so he could buy the house from the city and have the money for the rehab and would anyone buy a note like this? Any help would be great.

Thanks,
Ken Phillips
United Mortgage
845-229-7525

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