All Forum Posts by: Brandon Causey

Hey Folks,

Early on in my rental investing, but just met with an agent about purchasing a new single family primary home for a live-in flip. After running the numbers, I felt like it made more sense to get an FHA and absorb the additional 1.75% on the loan and 0.55% MIP since we're only looking to hold the property for 2yrs. My current single family home would become a rental property. Has anyone encountered the bank viewing this purchase as a second home and requiring a 20% deposit? If so, were you able to circumvent this? I've heard the countless stories of house hacking and utilizing the FHA with each new purchase to build a rental portfolio, but never heard anyone run into this. Is it because the multi-family properties have tenants and proof of income already established?

Appreciate all the help you can offer! 

Quote from @Michael Steinbergen:

Tax delinquency records

I've heard that one way to generate leads is to view tax records for properties to see if someone might be behind or delinquent.  Perhaps that could be interested in selling.  Is there a way to see who is delinquent or has a tax lien ?

Hey Michael,

You can view tax parcel information on the county GIS. You'll search for that address. Once it's pulled up, you should be able to click on it and get more options such as "view tax bills". Every county has a different system but this is generally how it's done. They do prompt you when entering the website that it's for personal information only.