Trust Deed Investments
Tax Lien Certificates or Trust deed Sale?
which one actully produces results?? Does anyone know how to purchase tax lien certificates or Trust deeds in Sacramento Ca? with a small investment of 5k or less what’s the biggest risk?
tax sales (for deliquent property taxes) are advertised in the paper and happen once a year..
at the auction…you can put up the 5 k..on taxes…
so……..lets see..now 5k and sacremento.. maybe a condo..
because with the bid/auction you are paying the deliquent taxes and the auction price…. if the owner pays in the year due..you get ap. 8% interest on your money so big investors buy..and auction..and hard and high..because they get better interest than banks..on these..
some people actually do get a purchase at the end of the year..and this is cash….
so chances of getting something for 5k are slim..and if you do..that is easy to repay…
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