I want to buy tax lien properties and sell for profit. How do I do that?
Feb 07, 2010 in
Questions And Answers
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One comment
John Rosa on February 7, 2010 at 6:16 pm
The basic idea is to buy low and sell high. Understand the local market to see if you can re-sell quickly if you foreclose on a tax lien. Understand that a tax lien doesn’t convey ownership, you have to wait for a redemption period (usually 2-3 years) then you can convert it into a tax deed, where you own the property. Each state has different laws, so you need to buy a book and figure out which state you’ll invest in. See the book below.
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