Here's what the LV Review Journal article has to say: "Savvy investors in Las Vegas are buying up small homeowner’s association liens at auction and making money by renting out homes they don’t actually own until the mortgage-holder comes knocking, in some cases as long as two years later."
http://www.reviewjournal.com/business/housing/shrewd-investors-snap-hoa-liens-rent-out-houses
Source: REVIEWJOURNAL.com
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