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Updated about 7 years ago,

User Stats

26
Posts
2
Votes
Mike Bell
  • Martinsburg, WV
2
Votes |
26
Posts

First time tax lien purchaser from WV

Mike Bell
  • Martinsburg, WV
Posted

Hello, I'm new to the forum and new too any type of real estate investing. I've spent a few years buying items from auctions and selling online but I'm looking to get into something bigger. I've done a lot of research on the tax lien process which is coming up in two weeks in my county. I've also done research and visited approx 50 properties in interested in. I have about 5k cash to throw into this adventure. Just looking for any tips to become successful. My game plan for my first time is too not get into an overbid scenario. Only buy property with no homes with em the the exemption of 4 I've looked at. In wv there is an 18 mo redemption period with a 1% return per month I hold the lien. Thanks for everyone help.

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