18% ROI: Your Ticket to Success with Summit County Tax Lien & Deed Investing
Summit County, Ohio, offers a unique opportunity for investors through tax lien certificates and tax deed sales. These investment options can provide high returns and allow you to acquire properties at a fraction of their market value. Here’s a guide to get you started.
Overview of Tax Lien Certificates and Tax Deeds in Summit County
Tax Lien Certificates:
- You purchase a lien on a delinquent property, not the property itself.
- The lien accrues simple annual interest, which is recalculated monthly.
- If the property owner fails to pay their taxes, you earn interest until the lien is redeemed.
- Typical interest rate: 18%.
Tax Deed Sales:
- You bid to purchase the property itself.
- Bidding starts at two-thirds of the property’s appraised value.
- Requires a minimum deposit of $1,000.
Steps to Start Investing in
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Learn how to get 18-36% returns on your investment and buy property for as little as $500 with tax lien and tax deeds.