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Updated over 11 years ago on . Most recent reply
Inherited home with back taxes
Hello all. I'm looking for some advice as I am new to this investing thing. I inherited my dad's house 2 years ago and have not probated the will becAuse there is almost $7k in taxes owed on it. There is no mortgage owed on the property. It's a modest 2 bedroom wood framed house. I was thinking of taking out a HELOC at my credit union, pay off the taxes and perhaps use some of the proceeds to invest in another property. What do you guys think?
Most Popular Reply
@John Rooster lets just say that this particular sibling has no idea what a tax lien certificate is and even if he did is too ignorant to do anything with it. I love you big bro! Lol! There's no lien on it yet though.