Is there any other way right now unless you want to pay a half million for garbage?

How many millions are we talking about here?

And I'm thinking this is one way to make it attractive for a seller to carry the note.

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@Lonnie Waliczek  HML  exist because of what you just found out.. its far and few between that you can find a bank that will do flip funding.you must be exceedingly strong financially I mean to the point the bank feels that if you goof up the flip you have other means to pay them back and that their security is not just in the asset like most loans.I have had 7 figure flip funding lines for going on 20 years now it took me 10 years with the same banker to get to that point.. we started with 100k and ended up at 15 million at one time.. but it was over the course of Many Many years.. and super strong financials and income.We started with HML and private money.. although to be fair I owned the Hard money company  LOL.

I provide reports to my owners whether I am only leasing, or full time managing, so they can know what properties are attractive to buy, at least from a rental market standpoint.

At $1.4 million that is a very different market than your normal "bread and butter" house and it would be wise to seek the advise of people who have experience in that niche. 

. $1-1.25 Million with after value around $1.8 Million.Is there financing available to purchase the tax lien if I can make a deal with tax lien buyer?

@troy Norwood I did exactly that and jumped in million plus homes for rehabs 2007 refinancing my free and clear rentals .

I pocketed more money than I could have ever owing rentals.. then I did it twice again from 2010 to 2014 and my current house.. so there is multi million  of tax free money .. and my Lake O house has shot up like yours were its up close to 400k... ( I built this one though so probably 150k is builder profit).. either way.. all owner occ all sold and NO tax paid..decisions decisions...I love the top shelf Chilean cabs.