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Updated over 13 years ago on . Most recent reply

John Lucero's profile image
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John Lucero
  • from el paso, Texas
  • Member since Apr 16, 2010
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John Lucero's profile image
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John Lucero
  • from el paso, Texas
  • Member since Apr 16, 2010
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John Lucero
  • el paso, TX
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Foreclosures

Texas Tax deed sales

John Lucero
  • el paso, TX
Posted

I was wondering if anybody on here has ever used a hard money lender to finance a texas tax deed sale? Will they even consider it seeing is how there is no actual deed untill the redemption period? I've seen a couple good deals in my county but don't have the capital to keep up with most of the bids that are worth while. Is there any other finace sources besides any equity loan or HML?

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Rich Weese's profile image
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Rich Weese
  • #2 Off Topic Contributor
  • Real Estate Investor
  • from the villages, Florida
  • Member since Sep 25, 2008
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Rich Weese's profile image
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Rich Weese
  • #2 Off Topic Contributor
  • Real Estate Investor
  • from the villages, Florida
  • Member since Sep 25, 2008
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Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
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Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
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In TX, there is such a long exemption period, I'm not sure you could afford the interest for that long. Rich

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