I invest in tax liens or tax deeds because you can't get "scammed" -- the seller is the local county government and everything is transparent/public records.

Here is a hypothetical situation - I hold a 1st lien position note secured by commercial land.

Does anyone no were I get the public record for pre-foreclosed propertiesIn Phoenix Az...it should come out once a month and be listed in a public news paper.

Now your local public records at the county courthouse will have up to date information about if the last owner sold it or not.

Types of Cash Flow that Can Be SoldPrivate Mortgage Notes Catastrophe Fund SettlementsAnnuitiesLotteries and Structured settlementsCar, Marine and AircraftCharitable Remainder TrustsBail bonds secured by real estateDivorce liens Notes created in the sale of a businessMobile home seller financingViaticalsVacant land notesInheritance NotesReimbursement Agreements to Developer from utility company Vendor Carryback Paper Vocational School Paper Working Capital Financing

The cash money is security.

We called the town office and the seller paid $36 for it 8 years ago in a desperate estate deal (owner died unexpectadly, left wife with 18 properties she dumped in a hurry) The neighborhood is quaint, near a public school, decent.In order to pad the bank account for our down payment/closing, I decided to borrow $3500 from a low interest credit card.

Start building your credit by getting a secured credit card from Wells Fargo.

I work with attorneys, brokers, trustees or the general public.

I have become less risk averse, but perhaps that's because I have the security of my degree.