Old mechanic's liens can often, but not always, be purchased from the lien holder at a big discount especially if the lien is a few year's old.

Thanks for the info Anson Young For the buy n holders who are just looking for a rental property, would the numbers be adjusted?

Very new to the real estate game. I am interested in multifamily properties first and foremost, meanwhile my wife is very intrigued by flipping houses. We are in the process of trying to sell our primary residence ...

He demanded a buyout, and since my father was the mortgage holder, I was put in a very difficult situation where I had to buy him out for a couple thousand dollars... out of a house with no equity!

I think investors send these folks mail and buy them out before they get there or the owners/lien holders may pay up before the sale.The same people always buy these things.

No brokers, no "showings", no agents, ... that apparently auction.com must perform elsewhere as a POST-FORECLOSURE service for other lien holders who have already secured a trustee deed to the property.

If someone is loaning you money record their name on the deed as the lien holder, so they are protected.Joe Gore

With our own research we found that they owner hasn't paid the taxes since 2009 and they are currently held by another lien holder.

Or is it totally fine to contact the borrower as the new holder of the note?

For anyone who has done a sandwich lease like this before, what type, if any, of insurance should I hold as the middle-man lease holder?