Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago on . Most recent reply

User Stats

31
Posts
11
Votes
Cory Collins
  • Rental Property Investor
  • Tampa, FL
11
Votes |
31
Posts

Illinois Tax Foreclosed Properties

Cory Collins
  • Rental Property Investor
  • Tampa, FL
Posted

I first gained interests in real estate via tax liens and deeds.  Thur my networking in Tax liens I have come into position via my mentor of a very large list of foreclosed properties in Illinois that were mostly obtained my tax lien investors.  Most tax lien investors (me included) invest in tax liens for the high rate of interest rather than acquisition of property.  However, the properties on this list have not been redeemed and thus have already been foreclosed on.  Most of these investors are now looking to sell these properties at a discount in order to get back their original investment and the return on that investment.  Currently they are not even listing an asking price but rather are looking to entertain offers.  

As I live in FL and am a complete newbie, i'm looking for someone to partner with and hopefully work out a mutual beneficial strategy with some of these properties.  I am willing to do most or even all of the grunt work and willing to take only a small portion of the profit in return on an opportunity to learn about real estate investing.  More than anything I would like the opportunity to observe the whole process and learn as much as I can.  IF anybody is interested in such an opportunity and/or lives in Illinois and would like to discuss this any further please let me know.

Loading replies...