I fund flippers and buy and holders in 7 markets.. 

I would also suggest heading east/west to less traveled areas and talk to mom/pop note holders looking to cash out. 

We haven't gotten real estate loans specifically through them, but we use them as our business bank account holder.

As the 2nd lien holder, again, I'm wiped out entirely.

If I purchase a home in the state of TN from an Irrevocable Trust, can a creditor (not a lien holder) seek relief, payment from me? 

I had them pester us into paying some tax for the person who lost it.. but not redeem it outright. the risk is if you do improvements past making the house safe from the environment.. they don't have to pay you back for any rehab you did to it.. you wont get title insurance until the 120 days is over.these were frankly my favorites..  90% of investors are scared and don't understand or they need to borrow money and cant.. so its perfect for the true all cash investor.. knocks out a lot of competition and i have gotten some smokin deals on those.5.12.5.2.7 (06-07-2016)Amount Necessary to Redeem PropertyIn any case in which the United States redeems real property under 28 USC 2410 or IRC 7425, the amount to be paid for the redemption is the sum of all the following:The actual amount paid by the purchaser at such saleNote: In the case of a purchaser who was the holder of the lien that was foreclosed, the amount paid includes the amount of the obligation secured by such lien to the extent it was satisfied by reason of such sale.Interest on the amount paid by the purchaser calculated at 6 percent per annum from the date of such sale until the anticipated redemption dateIf applicable, the amount of a payment made by the purchaser (or successor in interest) after the foreclosure sale to a holder of a lien senior to that foreclosedIf applicable, the amount equal to the expenses necessarily incurred in connection with such property after the sale but before redemption MINUS the income from such property and MINUS a reasonable rental value of such property (to the extent such property was used or allowed to be used by the purchaser)  

And if the real estate investor is competent, those retirement account holders are often happy with the results.

CoreLogic has paid the taxes since 2011, and the original mortgage was held by a bank that was absorbed by another bank in 2014 and that bank was subsequently taken over by yet another bank, but there seems to be no record of the mortgage holder now. 

No matter if you're a buy-and-holder or a flipper....Are you bracing for the falling sky?

Then of course there is the right of redemption of the property tax lien by the property holder, which right of redemption period can vary from being extinguished on sale to some X time thereafter.Know your state/know your municipality.Much successBob