As I am sure you know, tax liens wipe out a mortgage so they are not interested in earning a return, they just want to preserve their interest in the property.I was very interested in tax lien investing until I started attending auctions and seeing the same 5 people in suits instantly bidding 0% on almost every single property.Hope this helps!

Good  Afternoon,I figure that I already know the answer to my question , but still want to get  more knowledgeable and expirenced members on here's confirmation .....So, if we Purchase a property for $100,000 and we put 20% down ( so $20,000 ) , we then will theoretically have an " Instant "  amount of Equity in that property of $20,000 correct ?

It is being phased out over seven more years but I've found that if you found a seller who is unaware of the roll back in taxes or that they can put structure in place to reduce commercial rate on multi-family to residential rates that you can buy a property and generate instant appreciated value based on the lower operating expense and higher sales value.I think the Quad City (Davenport, Bettendorf, Rock Island, Moline) market is a great place for an investor to find some good deals.

If I go to Ruth's Chris it better be perfect for that kind of money or they will know about it instantly if standards are not being met.I was in that business over a decade in all facets so I know more than most about that business.

Train the tenant to expect strong action on emergencies, and reasonable action on other items rather than instant response - otherwise, you will run yourself ragged or broke.

They asked if my parents could possibly cosign and I instantly answered, "no."

I figured with the price and condition of the house along with the instant equity it would put me in a start to real estate investing.

The tenant will have an instant reaction as they enter so the first thing they see should be a clean "WOW" factor.

My brother and his girlfriend are going to get an FHA loan on the first house and we are all going to live in that for a year, then me and my girlfriend will get an FHA loan for a 2nd property and we will all move in that one and let the first one cash flow for a couple of years. 3 family houses in CT where I live go for around 200k so a 20% discount would be a 40k discount and instant equity.

I'm an "Instant Gratification" kind of guy.