Posted by Ben(NJ) on February 06, 2000 at 08:09:59:
Elena, most of the people buying tax liens are looking for the interest and not the property. I have been buying in large quantities for five years and have only taken title to one property. Then again I employ specific strategies insuring that I will get paid,
(i.e good properties with mortgages on them), also known in the industry as “no brainers”. There are
specific ways to get title to distressed properties such as targeting inner city properties without mortgages, vacant land etc. A friend of mine is an expert in this area. His name is Roy Stubblefield, find him at taxsales.com. He has designed many strategies for getting title and has helped hundreds
of people attain their goals. I also hear John Beck’s
materials are good but have not had a need for them myself. Good luck.