Posted by Ben (NJ) on January 31, 2001 at 21:26:56:
I don’t think you are going about this right. Unless you have a good track record, no one is going to lend you money to invest for them, particularly in a complex field like tax liens. Why not start out small buying a couple of small water/sewer liens for yourself to get your feet wet (no pun intended) or go a different route and follow Roy’s method of getting unwanted properties cheaply which he details over at taxsales.com. What state are you in? Good luck.
I am writing to ask the advise of ALL out there. There is a tax lien sale coming up in my county and I wanted to know how/where can I go to borrow money to buy these liens. I don’t have any money of my own to put up, but I see the business potential of buying these liens.Please someone tell me if I’m going about this the right way.