Tax Lien Purchase in AL

[Laura Tabarez]

Hi Everyone!

I hope you are all safe and healthy. Right before our current pandemic struck, my business partner and I invested in a tax lien which was transferred to us. Our plan was to hold the tax lien and possibly rent it out after proper possession. However, we were COMPLETELY misguided by a contractor who said he would help us with possession and rehab of the property (whom we paid a substantial amount of money to-our first mistake), and he has not returned our calls, texts, or emails since then. Since then, my partner and I have decided to not invest any further into this decision as we are not comfortable with traveling due to the pandemic and have lost local contact in Alabama (Birmingham). Does anyone here have any guidance on what we can do next to sell/transfer this property to another investor? Or what our options are? I would truly appreciate any feedback.