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Well, if I can be 100% convinced the LP would end prop taxes I would try and secure private financing; even if it would be at a higher rate.
To me, it sounds a little risky to allow someone to buy the house (even a tax lien) and then have to defend your ownership via the LP. To do this would mean having all your ducks in a row including a Friendly Lien to at least protect your equity should you lose.
But you are right - the place to start is completing my abstract. I have gone back a dozen owners but it only brings me to 1950.
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