RE Investor Wants Info On Apartment Tax Liens
I have had a hard time searching thru my county records, and the county website (which list tax liens sales). I need to know other means of obtaining information about finding tax liens certificates for apartment buildings. Does anyone have any suggestions?
Hello,
Did you ever get any guidance on how to buy liens in Alabama?
No I never got a reply.
I would start by reading the relevant statutes (that guide the process).
Then, I would read them again.
Then, I would look through the public record and pick 3 o4 companies that buy a lot and looks like they know what they are doing.
Then, I would review their cases and see what they had to prove to get the deeds.
Then, I would see what kind of properties they purchased (typically single family homes for large buyers) and see if I can emulate what they did.
Also, bring lots of cash at the sale
Good luck!
Have you tried a commercial lender? They may be receptive to your investment model....
there are note buyer out there and hedge/equity funds that would be interested.
Most interest is calculated over 12 months or 6 months. What state are you in?
Above advice was good - call the county clerk or treasurer and ask them how they caclucalate it.
beaware that the amount listed in the offering is the opening bid for the deed.
Rarely due CA properties sell cheap unless there is something wrong with them.