Quote from @Chris Seveney: @Jay HinrichsYup and people will buy them at tax sale then sell them seller financed for $5k after paying $100 to some sucker who wants to own vacant unbuildable land in middle of no where for $100/monthI receive submissions from investors holding anywhere from dozens to hundreds of this seller-financed paper.

@Ferria CunninghamIt is my understanding these loans have no payments but typically followMuch more strict LTV’s, so they would not allow a borrower to exceed / go over 100% ltv

AlabamaEffective Property Tax Rate (2019): 0.37%4Typical Home Value (2022): $189,9766Annual Taxes on Home Priced at State Typical Value: $702.9

I typically buy a house for 40k put 20k into its and appraises for 110k and rents for $1,100 per month.

etc etcDuplexes are typically the easiest option.

Here in IL, received commissions MUST be paid from a sponsoring broker to a broker/agent under their supervision, they can't be paid directly from a client to the broker/agent. 

Can my sister and I donate land my deceased parents received deeds through in tax sales? 

One is for homeowners who are in default and upside down; one is for homeowners who are in default but still have equity in their home; and one is for homeowners who have received Notice of Trustee Sale and their house is about to be foreclosed. 

I go in on these with an entire investment club of other sharp investors, and we vet the deals together and invest with $5K instead of the typical $50-100K.

These typically are not reported to credit bureaus and also do not affect your debt to income ratio which frees up your credit for personal loans that you may need in the future as well as does not limit you to the amount of loans that you can have as a buy and hold investor.