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Updated about 11 years ago,

User Stats

114
Posts
64
Votes
Zac P.
  • Rental Property Investor
  • Lexington, KY
64
Votes |
114
Posts

Great Opportunity... How to proceed???

Zac P.
  • Rental Property Investor
  • Lexington, KY
Posted

A friend mentioned that her father passed away and had left her 3 brothers a property that she grew up on. The 3 brothers are not responsible at all and are letting the property go. They are not paying taxes on it and the property is owned free and clear.. Based off of that, the county would do what to collect on the back taxes? Would it be possible to pay each brother $1000 to sign over a quitclaim deed, pay the back taxes and then I would own the property free and clear? I am still very new at this, so I was unsure about any of this.

Based off of this information, what would happen to this property and how would you all take advantage of what seems to be a great investment opportunity? Thank you!

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