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Tax Liens & Mortgage Notes

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Jason Taliaferro
  • Real Estate Agent
  • Baltimore, MD
70
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113
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Use a hard money loan to renovate a tax lien property

Jason Taliaferro
  • Real Estate Agent
  • Baltimore, MD
Posted Apr 18 2014, 13:20

Hello everyone;

I am wondering if anyone has used a hard money loan to rehab a property they gained in a tax lien sale. Many tax lien properties need a lot of work. In the Baltimore area, where I am looking, most are empty shells. I know many hard money lenders will lend to rehab a REO or other deals people find. But what about when the investor already holds the deed to the property.

Has anyone experienced this or found they needed funds to rehab a property they have foreclosed after a tax sale.

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