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Updated almost 3 years ago,
Loans on Tax deeds - Looking for sources
Hello all,
I have a number of properties under Tax Deeds in the state of Georgia. In Georgia, there is a 1 year redemption period, followed by several months to obtain a free and clear title. During that time the money invested is tied to the property.
I run into am outfit that will lend money against those properties. The place looks legit but the overall cost is high. I do understand that Tax deeds are risky and I expect to pay a premium but I would like to know if there are other outfits that would lend money against properties under a tax deed.
Any pointer will be appreciated.