Do you not pay the new taxes and let them accrue interest at 18%.

At the time interest rates for savings accounts were around 5-6% and the loan was 2% which I didn't have to make a payment on and didn't start accruing interest until 90 days after I commissioned which wasn't for 18 months. 

SC statute says: -----------------------(a) Upon termination of the tenancy, property or money held by the landlord as security must be returned less amounts withheld by the landlord for accrued rent and damages which the landlord has suffered by reason of the tenant's noncompliance with Section 27-40-510.

The interest rate in IL is very good if you acquired the liens at 18% it becomes a penalty and is accrued every 6 months which could be up to 36% which would make a very nice return. 

Check status of lien foreclosure fees so you know if additional charges have accrued.

They're not going to take a haircut for you, but you can get it very close to what they paid, their legal fees and all accrued interest.The high bid premium is a circuit breaker to make sure the tax sale process rewards investors and penalized tax scofflaws, but stops short of the taxpayer being robbed of their property.

You won't have any of the benefits, but you won't accrue fees either and you could use the time to build your network. 

The bank's first position lien will supersede your interest Chris so if the seller doesnt pay their mortgage then the accrued interest, fee's, fines, and default fee's will start piling up on top of that loan balance.

It also shows how much interest you can earn on a small amount when you accrue 16% interest annually.Read the story on my Biggerpockets blog here.

The more experience you accrue, the easier it gets.Hope that helps!