Tax Lien Investing with Money Partner

[Lynn Henley]

If this has been asked before, I apologize, but I couldn't find anything when I did a search.

Is anyone using a money partner to invest in Tax Liens? Not Tax Deeds, where you hope to foreclose and get title to the property, but Tax Liens. The first goal is to make a good return on the money, and if it doesn't get redeemed and we have to foreclose, that'll just be gravy.

If you do this with a partner, what is your arrangement with them as far as splitting the interest?

Thanks,

Lynn (FL)