I have no experience with them, however I am very suspicious of any similar type organization because I know how slim tax lien margins can be a a large scale.

How are they going to sign the lease, as "Tex" or "Slim"?

I'd also recommend a walk through by someone (inspector or other trusted party) because there is the slim possibility that your properties are not in the shape you assume they are in.

Jay - obviously, slim to none chance of an heir to show up and claim remote land.

There you will deff be the owner of the property. 95% of liens get redeemed so your odds of hitting the jackpot on a lien are pretty slim.

It would have still worked as a flip, but the profit would have been slim.

Your milage may vary, but prices have gone up an incredible amount here in the past year, which makes pickings a lot more slim than they were a couple of years ago.

And, the IRS may not buy your claim as to buying an investment property for depreciation and expenses with a buy-sell.If you actually have the cash to bring the loan current, I don't see the bank barking about getting involved with their foreclosure process, but......that property is now on their radar screen and they won't be going with a Sub-To, slim chance IMO.

But yes, I agree profit margin a bit too slim.

Hi Mike,Personally, margins on that with the list price look too slim to me.