I am seeking to connect with investors who possess firsthand experience with the Philadelphia Sheriff's Sale.

Purchase price: $86,200 Cash invested: $37,500 Sale price: $125,000 Duplex in the Old Brooklyn neighborhood of Cleveland (44109).

I have focused on investment sales my entire career, primarily stabilized income producing properties.

If you are going to use this strategy, make sure there is a well defined re-sale market for the properties.

if you are submitting an offer send an AS-IS Purchase and Sale agreement. 

The money is made at the end on refi or sale. 

Are their good benefits for getting a home from tax sales? 

I've been studying and interested since 2019, but never found myself really putting my time and energy here.I have one property from a 2022 tax sale which I sold on seller financing, and actively on the hunt for residential LTR and multi-family.

Generally if your rental rise to the level of trade or business, it is deductible under sec 162.If does not rise up to trade or business, it is deductible under sec 212, production of income. 

Okay so I’ve gotten a contract labeled “standard purchase and sale agreement” from an online wholesaling source, and I’ve also received the Trec 1-4 from an investor that purchases properties in Texas.