I am speaking about what is known as the "Redemption Periods" the previous owners have and the restrictions placed on the titles.This is an advanced auction and is best suited for an investor that has extra money available that they won't miss while it is tied up in the property.I am in no way suggesting that tax sales are not good investments.

In Central Texas I can get a decent 2 bed 2 bath apartment or in my case a little bit older 2 bed 1 bath duplex (I gave up the newer place and extra bathroom for a huge backyard.)

It seems like a win win situation, they don't loose their credit, you get a property for cheap, you can give them some extra money that you didn't pay for the home as some incentive, and they won't tear the crap out of the house like most people do when their home is foreclosed on.What are the risks involved?

In each case, these “fence sitting” investments take the best of both worlds, providing you with the opportunity (in many cases, although not all cases) to earn an income on the growth of the value as well as a regular income.

I am really interested in doing BPO's as they are quick, easy and they generate a lot of extra income too!

The link should be http://www.reicasting.com/ without that extra period.

Sometimes you can find a way around buying that extra slab and save money.

hi all,i am looking to start a new phase of my life and i thought that property investment and managment would be a great way for me to earn a living.i have been crunching numbers, and putting together senarios, and believing that a goal of $1,000,000 worth of of the right properties would make a good living for the immediate future.provided i do my dd and using a starting cost of 1,000,000,is it posible to buy these properties with 50,000 as leverage?

Back then ('89) the conforming loan minimum was $30K so any loan for less was loaded up with extra points, junk fees etc, and it required 20% down.

If you can get these deals then it sounds like you can "flip" it for FMV, or a bit below, and earn the equity spread.Thank you for any answers.