Tax deed properties, How to finance.
A friend of a friend is a tax deed investor. He has 2 houses for sale. 35K each, with ARV's of 100K. One has 2 years left, the other has 9 months left, before he can seek a quite title.
We are current buying with a local bank. I don't think they will want to fund this deal with out quite title. Is there any kind of bond I can buy that will help me get financed? Like forecloses where we can get a bond against right of redemption.
What is a solid source of information so I can go into this with my eyes open. I don't think the seller would rip me off, But I could not sleep at night if I did not understand the ins and outs of this.