Quote from @Grant Tyler Short: So you think it's wise to advise someone to enter into an agreement where they have $606 after tax dollars to spend on the rest of their living expenses?

Or you simply do what wholesalers do and send out mailers offering to buy the note.

They will verify what we send, and if they agree, we assign the contract to their company & we enter a JV agreement with them agreeing to split the profit 60% us, 40% them or 50/50 depending on the deal.  

Legal Advice: Consulting with an attorney experienced in real estate law is highly recommended before entering into a land contract.

Also, if the county purchased the property at a tax sale, commissioners have the discretion to enter into a compromise agreement with the owner for less than the whole amount due, subject to court confirmation. (72 P.S. § 5876).Under the state's Municipal Claims and Tax Lien law, some counties provide a nine-month redemption period during which you may redeem the home. (53 P.S. § 7293).

I simply came back to you all with the rebuttal.  

I would appreciate any advice on entering this space, as well as any educational content that may be out there.

I've followed BP for a while now but I have finally started taking steps toward achieving my goals. 10 years ago I wish I had entered the industry, rather than going back to school for my degree in education.

I'm simply asking a host or a co-host if they are willing to give me the opportunity to learn from them.Thanks, 

Lots of great insight from the folks above.In my experience as an investor and multifamily lender in the twin cities, I would simply say there is no "right" answer.