Tax Lien Certificates Pay Double Digit Interest Rates
July 15, 2018
There Are More Tax Lien Certificates Available Than Investors To Buy Them
July 17, 2018
As the owner of a tax lien certificate, you have a first lien position on the property.This means the property owner cannot sell, refinance, get a second mortgage or home equity loan until you receive the amount you paid to satisfy the back taxes PLUS high interest.
If the property owner fails to pay within the period of time specified by state law (called the redemption period), then you get the property
Once you own the property you can do whatever you like; sell it and pocket the profits, rent it for monthly cash-flow, or move in.
Michael Schuett
Michael Schuett is a Real Estate Investor & Entrepreneur.
He holds monthly seminars in South East Asia and Europe about Real Estate Investments, Tax Deeds Investing, and Flipping in Emerging Markets and continues to build his own strong Real Estate Portfolio in various cities.
His companies are currently holding several properties in Miami, Tampa, Berlin, Hamburg, Bangkok and Kuala Lumpur and have successfully established the first Real Estate Development agency in Thailand.
