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Updated over 8 years ago,
Tax lien sales in NJ/PA
Hi all!
I've been thinking about investing in tax liens lately but in the Townships local to me, they only have in-person auctions and they are once a year. Was curious if anyone has any websites for auctions in NJ, PA or other local states.
Also, do you think private money lenders would invest in this kind of return even though it's not as high of an interest yield and its tied up for longer than another means of RE Investing? I have some cash, about 10k to play with but would ultimately want to invest around 50k for a 6-12m redemption to get started. For a return of potentially around 10% ROI, and not doing anything except lending money I didn't think it sounded like a bad idea. Thoughts??
Thanks in advance for your input and opinions!
Julia