Developer · Staten Island, NY · Member since 2009 · 88 posts · 9 votes
Okay, so I've heard that in New York City tax liens may not be sold to the general public. But now, I have an LLC, so I was wondering if I can purchase them now.
I recently read this: "The City of New York only sells liens to authorized private collection agencies, not to the general public."
In which case, is my LLC eligble? How do I become an authorized collection agency?
Real Estate Investor · Chicago, IL · Member since 2008 · 31 posts · 2 votes
16y
New York City Tax Liens are sold as a bulk sale to one buyer. You will not be able to buy NYC Tax Liens. The only way that any City/County in NY is allowed to sell Tax Liens is to sell the whole portfolio to one buyer. We have Syracuse & Schenectady Liens that we can sell. Contact me if your interested.
Residential Real Estate Broker · Bronx, NY · Member since 2008 · 86 posts · 5 votes
16y
I am interesting on tax liens in New York! I read couple of books on tax liens and got couple of advice from my friend and told me not to mess with them. The 12 percent a year is not a bad deal.
Real Estate Investor · Yorktown Heights, NY · Member since 2009 · 21 posts · 1 vote
16y
Hi Denise is right they do in the Westchester area and i have a list of those properties before they foreclose on them so if your interested in them then PM