Liens on a property can I refinance

[Darius Howell]

Hi BP family,

I have a quick question. Can you refinance a property if federal and state tax liens are on the property? I'm looking at a few properties with this issue and need some advice on what to do and what to expect if I do pursue this strategy. I believe it's a untapped opportunity in my market and a way to get rental properties by doing a quick claim deed.

[Nicholas Covington]

@Darius Howell

Federal and state tax liens are ALWAYS paid first. So yes you can refinance but the loan must cover the lien and the old mortgage otherwise you will have to pay out of pocket the difference.