Hi… Our names are Phil and Marie Holder.

They owner cannot make a partial payment to the city or county and must pay the full balance plus late fees as that is what is promised to the purchase holder on the tax lien.

The taxing authorities don't do title searches, so they have no idea what liens are present, and so of course there is no notification of lien holders, so wiping them out would be grossly unfair.

I know I need to get offers out there so I've been marketing to probates and driving for dollars but I want to make more offers than these leads are providing.I really want to start making offers on REOs and HUDs but I don't have the money to buy and double close to re-sell them.I have read about using an LLC as the buyer then selling the LLC but I'm seeing more and more REOs asking for POF with the LLC as the account holder - which I don't have since I would be creating this LLC just to sell.I've been studying more with Land Trusts to simplify the exchange to the end buyer, but haven't found any info on using a Land Trust to make offers on REOs or HUDs.At this point, I'm at a lost for ideas on the best way to make offers on HUDs and REOs that will still give me a good chance to have my offers accepted AND make it easy to assign/sell to an end buyer without needing to double close.I hope someone has a great technique they are willing to share!

Sure, its not difficult to do with an IRA. 401ks are considerable more trouble.With an IRA, you have to find a trustee/custodian who will let the IRA holder invest in real estate.

What are the benefits of being a note holder as opposed to being an owner of real property?

Setup purchase of property, have your attorney be listed as title holder.

Its close to the redemption amount bc that's what it would cost to pay the holder after legal fee add ons though it only started at less than 100 dollars

I don't know Springfield at all, but have been focusing on Pittsfield area, and I think the area is really prime for Wholesalers as well as flippers as well as buyand holders...

Self-Directed IRAs provide you with an ability to invest in investments that you know and understand.Potential Downsides and Risks As an account holder in a Self-Directed IRA, you are responsible for doing the required due diligence on the property itself, unless it’s a passive investment.