http://taxlieninvestingnews.com/questions-and-answers/i-want-to-buy-tax-lien-properties-and-sell-for-profit-how-do-i-do-that/ Current news on Tax Lien Investing Tue, 22 May 2012 06:59:09 +0000 http://wordpress.org/?v=2.7.1 hourly 1 http://taxlieninvestingnews.com/questions-and-answers/i-want-to-buy-tax-lien-properties-and-sell-for-profit-how-do-i-do-that/comment-page-1/#comment-277 John Rosa Sun, 07 Feb 2010 18:16:15 +0000 http://taxlieninvestingnews.com/questions-and-answers/i-want-to-buy-tax-lien-properties-and-sell-for-profit-how-do-i-do-that/#comment-277 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. 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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