Updated 2 days ago on .
Alabama Tax Lien Proof of Concept
Investment Info:
Other other investment in Flint.
Purchase price: $250
Sale price: $15,000
Took over a piece of land through tax liens and then sold it for profit.
What made you interested in investing in this type of deal?
Low cost entry point
How did you find this deal and how did you negotiate it?
Tax Lien Auction
How did you finance this deal?
Cash
How did you add value to the deal?
through the legal process
Lessons learned? Challenges?
This was a proof of concept. Most tax liens are redeemed by the owners, but one fell through and I got the opportunity to go through the process.