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Updated almost 3 years ago on . Most recent reply

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Sam Zawatsky
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Tax Deed Sale Refinancing

Sam Zawatsky
Posted

I am looking into purchasing properties from tax deed sales, and was wondering if you are able to cash out refinance these properties in a timely manner. Do you need to do a quiet title action lawsuit to be able to cash out refinance?

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Ned Carey
  • Investor
  • Baltimore, MD
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

@Sam Zawatsky As @Arnie Abramson said it depends on the specific state and lender. Generally a lender will either want a time period to pass like 1-3 years or they will want a quiet title suit to clear the title. 

Now a private lender (friends family and associates)  may be much more flexible

  • Ned Carey
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