Investing in property tax liens and deeds are attractive real estate options because they can be acquired with minimal funds.Tax Lien InvestingTax liens are attached to property when the owners fall behind in paying taxes on that property.Once a lien is in place, the owner is unable to sell or refinance an existing mortgage until the lien is paid in full.If the lien is not paid in a timely manner, governing agencies are able to sell these liens, usually via online or live auction.Investors who win the bid then pay the tax (plus late fees and interest) and turn around and offer the property owner an extended period of time to repay the lien.Late fees and interest are also applied to an amount and term set by the investor, which is how investors earn income on these assets.Tax Deed InvestingTax deeds work much like tax liens in the event property taxes are in arrears, butwith one critical exception.In these cases, when property taxes become overdue after missing one or more payment dates, the government or municipality can take immediate ownership of property.Tax deeds are then sold at auction, and the investor with the highest bid wins the prizeu2014ownership of that property.At this point, the investor can negotiate a note to any inhabitants of the property to seek repayment and income through interest assigned to the note. Or, the investor can sell the property for a quick return.Watch a recorded webinar on the topic here u2192 Advanta OnDemand Video Library