WHAT'S THE BEST STATE TO PURCHASE TLC?
...WITH THE BEST TERMS, ETC.
I'M EXTREMELY NEW AND LEARNING. I HAVE ABOUT 4K TO PLAY WITH...IS THAT ENOUGH TO DO MUCH? I'M LOCATED IN NYC AND AM OPEN TO TRAVELLING TO DIFFERENT STATES. THANKS IN ADVANCE FOR THE ADVICE!
This is a difficult question to answer because there are so many different options for you out there. The delinquent property taxes vary from state to state, and some counties vary greatly within a state.
If you're looking to acquire properties, you should look into investing in a deed state.
If you're looking for a good return on your money secured by real estate, look into tax certificate states.
If you're looking to turn your investments over more quickly, look into states that have short redemption periods.
Only you can answer what's best for you.
Good Luck,
Jeff