I don't know that much about this stuff so I could be wrong...In my wall of text above, believe I did say above that we did buy about $80K worth of properties (two ~$40K lots) through that agent the first go around.I didn't mention above that we also brought two other extra lots in the same subdivision (we have lots of kids & family) for another $95k and subsequently sold one of those for $75K, all through that same agent and the agent was paid on all of those transactions (80+95+75=$250K thus far).The agent did help us get to/from all of them though my sister and I found most of them that time also.

They're trying to get STR prices with their midterm so they're priced ridiculously high and, subsequently, aren't getting rented.

So if you are owed $23.4 on a $130 lien (18%), and someone pays $300 for it, then they are happy with an 8% return (23.4/300).I know NJ also has unique rules around the winner in certain circumstances getting the right to collect interest on subsequent tax payments without having to go to auction.

Tax lien investors will sacrifice not earning any interest on the front end but make it back on subsequent tax liens.

As a contractor I would charge a fee to do that, I wouldn't mind that fee coming off the price of the subsequent work later.

Originally posted by @Joe Villeneuve:1 - Pay cash2 - Refinance cash out3 - Re-invest cash from cash flow on next deal4 - Live off of remaining cash flow after refinancing...rinse, and repeatditto.. our strategy for 30+ years & today everything we own is free & clear & anything we subsequently acquire is cash.

The HOA may take action against you and you may need to subsequently take action against the tenant.

I think the crash of 2008 and subsequent buying opportunity was a once in a life time event.

The $10k will be used for the Earnest Money Deposit, and subsequent closing costs.

My experience has been that price gets reset each year to the sale price and then subsequent years are much more subjective based on local markets and permitted improvements.