you can make money on any kind of lien, the problem lies in the security of your monies. Most cases a mechanics lien is put on an automobile. That in and of itself is a transient asset. Thats also why the higher interest. with land the property stays put, with any movable or non secure lien the property can flee with the owner.
you can make money on any kind of lien, the problem lies in the security of your monies. Most cases a mechanics lien is put on an automobile. That in and of itself is a transient asset. Thats also why the higher interest. with land the property stays put, with any movable or non secure lien the property can flee with the owner.