Updated almost 10 years ago on . Most recent reply
Steger IL Project: SFR & 15+ acres for Development
Hi.
I have an opportunity to purchase a SFR and adjacent parcel with 15+ acres in great area for development. Properties have past due tax liens that can file for tax deed foreclosure. Total project cost is approx. $1-1.25 Million with after value around $1.8 Million.
Is there financing available to purchase the tax lien if I can make a deal with tax lien buyer?
What other financing options are there?
Thanks
Ed



