Quote:
Originally Posted by Joeaksa
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Might just play with this. Getting 16% guaranteed is pretty good return on your money.
Joe
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I'm no expert on buying tax liens, but I do question the "16% guaranteed" part. Yields are a function of risk, so I would think that a 16% yield comes with a commensurate risk.
It's the "no free lunch" school of economics.
2¢
Best,