just a question out there regarding tax liens. how can you make money with tax liens and what are the biggest risks in tax liens?
You make money in tax liens when the owner or a buyer of the property pays off of the lien holder. The amount of interest you make will depend on how you bought it from the sale. The risk of course is that the owner never pays you, but depending on the state you may have the right to foreclose. The nice thing about the tax lien is it’s in first position in front of any mortgages on the property.