Duplex with Lien on it

[Katherine Roberts]

What are the risks/benefits of buying a home with multiple liens on it? Total of about $75k.

They’re asking too much but if I can get it at a good price it should cash flow between 400-600$ a month depending on the interest rate. It’s a duplex in a nice,  growing area. It seems to be in good shape, but it needs a new roof. The seller has agreed to a credit for it.

The owner also wants to remain as a tenant for a year, which makes me nervous since he hasn’t paid taxes. Advice on letting him stay?