You are buying the debt, not the property. You pay the back taxes and receive a Tax Lien Certificate . If the owner pays you back, you earn a high interest rate (often 10%–36% annually). If they never pay, you may eventually foreclose to take ownership.
Finding Profitable Leads with Back Taxes on a Property - DealMachine how to buy property for back taxes
Lists of tax-delinquent properties are public records. You can find them through: You are buying the debt, not the property
Buying property for back taxes is a sophisticated real estate strategy that allows investors to acquire real estate or earn high interest by paying off a homeowner's delinquent property taxes. Governments use these sales to recoup unpaid revenue. 1. Understand the Two Main Investment Types If they never pay, you may eventually foreclose
Before searching for properties, you must identify whether your state uses a tax lien or tax deed system.