Marry that to lines of credit he could get say 10 million then loan it at 15%  make the delta.. be a small Hardmoney lender with a 15mil book..

And do the leg work with some banks/credit unions/finance options to see what it would really take to get into the asset you want.

@Anand Trivedi small local banks and credit unions in my market will do a NNN loan all day long.

And since I dont have much money and am rebuilding credit, this seemed like the best fit.

And since I dont have much money and am rebuilding credit, this seemed like the best fit.

As an aside: Contact your credit card company and tell them what happened and most likely you'll get a 'charge back'.

Buying the tax certificate gives you No advantage in eventually owning the property.....it would later have to go to a Public tax deed auction, after you paid off All of the other outstanding certificates, probably 10 times your initial verticals purchase amount, then you’re still bidding against everyone else, less the credit for what you already have out of pocket.

I have already used 0% 15 month APR credit cards and cash for work on the house remodel (yes, I have a plan to pay them off).I was thinking of getting a HELOC for the 60k loan, but my DTI is too high ( and my parents have no income for co-signing).  

I'm continuing to D4D in my farm area and one vacant property was foreclosed by one of the local credit unions about 4 months ago. 

You having a second lien of $200k has no effect on bidding or paying for your bid price.....no, you don’t get credit for it in any way.