High Flood Insurance? What to do?
Hey Everyone,
I am looking to invest in an area that is a high flood risk. It is a small coastal neighborhood where their seem to be a number of deals but I think the flood insurance on any of the given houses might prevent any of them from cash flowing.
Any advice on how to invest in an area like this? I know its harder to get a loan, and a lot of people I know just buy with cash so they don't need insurance, but how do you finance deals like this? How to get them to cash flow?
Thanks,
Alex Hake