Although you don't have lots of money to invest, there has never been a hotter time to get into real estate investing. Here's the way how to get houses for back taxes owed with not as much as $200.



1. Never even think of attending the tax sale! Competition is too tough at tax sale to have any good deals - furthermore, you have to come up with your whole bid in cash. Nevertheless, you are unable to examine the property first. You can buy houses for back taxes owed without attending tax sale, and that's what you're going to do.



2. Take a look at the results of the tax sale after it's occurred. This is a quick way to weed out useless assets - those without any bids won't be worth your time. The ones that got many bids, you'll know are nice properties.



3. Hold on until several months are left in the payoff period, and check out again. See who still hasn't redeemed their assets. If they haven't these days, they probably aren't going to. Moreover, these days, most assets that are left are free and clear. 



Also, you're not going to have much competition to get houses for back taxes owed. The majority of rivals have moved on this late in the game.



4. Make contact with the owners who still haven't redeemed. Ask them what their plans are. Many owners at this point are resigned to let the asset go. These owners will be your best prospects.



5. Ask the owners if they'd mind signing their action over to you. Since they're going to let it go anyway, ask if they'd allow you to see if you are able to do anything with it. Providing that you like, you can even be honest with them - let them realize you're trying to begin investing in properties but are broke. 



You'll be surprised at the positive reply. People like to see their asset go to the "little guy," rather than the government.



6. Flip the property to another investor - or if you can, pay the taxes off and keep the asset. You can flip for way below market value to another investor and still walk away with thousands in profit in your pocket.