I like purchasing secondary tax liens from investors that I know and trust. By purchasing secondary tax liens you can avoid bidding at the tax sale. You still have to do your due diligence, but if you’re purchasing from an investor or entity you can trust sometimes they will actually do all the due diligence before they assign the lien to you. There are things to watch out for when purchasing secondary liens but it makes your work a whole lot easier since the original investor did most of the work and the bidding at the tax sale. You can purchase a lien that’s ready to foreclose. If the lien redeems sometime during the foreclosure process, you get redeemed right away and your money isn’t tied up for the entire redemption period. One of my coaching clients made 30% on his investment in only 9 months with this strategy!
So what’s better than secondary tax liens?
How about buying a tax foreclosed property that has clear title? When you purchase a secondary tax lien, you still have to foreclose and clear the title. But what if you could purchase the property after this has already been done. It’s actually a better way to get properties for less than what they’re worth than bidding at a deed sale. You don’t have to worry about being out bid by the competition!
We’re having a special webinar training for Tax Lien Lady members and students on a special investment opportunity to purchase tax foreclosed properties on Wednesday July 15th at 1pm Eastern. I wanted to give the first opportunity to pick up these properties to my students and members since there are a limited number of good properties available on a first come, first serve basis.
You can have access to this training, and this special opportunity to purchase these properties by becoming a member of the Tax Lien Profits Accelerator™. Subscribers to Tax Lien Profits Accelerator™ have access to a group training each month that is exclusive to members and coaching clients. Plus members have access to over 3 years of archived trainings – all searchable by topic. So if you need help with something, you can search for training by topic! And members have access to our tax lien investing club. Find out more about theThe Tax Lien Profits Accelerator™ at www.taxlienlady.com/MembershipMain.htm.