Buying a property (title) with 3 bank liens.
Hello BP,
I am being offered a property for pennies on the dollar. I would be buying the LLC which owns the property. It's a good enough deal that I am willing to put in the work to try to get a settlement. The liens are not on the LLC but against the previous owner. My question is by buying the LLC and therefore being the title holder would I then become responsible for the liens?
Thanks in advance.