I was Googling to see about FNMA delayed financing on primary properties in Texas (Texas has stringent primary property equity loan guidelines) and saw this post on investment properties.FWIW - we provide FNMA delayed financing for investment properties regularly, and what you are leaving on the table in terms of lost leverage as it is being discussed here seems to be incorrect.  

I would call the police and discuss it with them at the least.

George,This has been discussed plenty of times.

Lowest interest rate bid is the winner.I'll discuss what I did, and that of my friends who participated for the first time in tax lien investing, on my BiggerPockets blog in the next day or two.

I would not leave Texas out of any investment discussion for so many reasons.

When I couldn't find any good discussions on here about it, I figured it wasn't very promising.Albert, could you keep us posted on how those work out, and maybe follow up with some details, rates, costs, etc.

This whole discussion has been very helpful for me, thanks to all who participated :)Let me see if I can sum up the various view points in a way we can all agree with (not likely, I know, but I'll give it a try).Let's say I buy a house for $50k.

Is there going to be anyone discussing an investment model that is based on Carrying the note, and all that goes into managing such a model?

Although I will be discussing this with a CPA as well, I like to have an understanding of how this works, especially from those that have been there, done that.Thanks in advance,Steph

Great discussion!