Hit the NYC jackpot: How to get an affordable Mitchell-Lama apartment to call your own

… buyers pay an equity value which they get back when they sell meaning theres no profit to be made In exchange for … residents this means a potential windfall since they can sell their apartments at market rates In the case of rental … your mortgage payments a bank cant simply foreclose and sell the place on the open market Most banks dont understand …

By Leigh Kamping-Carder |March 15, 2018 - 3:00PM