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Updated about 7 years ago on . Most recent reply

Chris Laino's profile image
Chris Laino's profile image
Chris Laino
  • Real Estate Agent
  • from East Brunswick, New Jersey
  • Member since Mar 14, 2017

User Stats

33
Posts
3
Votes
Chris Laino's profile image
Chris Laino's profile image
Chris Laino
  • Real Estate Agent
  • from East Brunswick, New Jersey
  • Member since Mar 14, 2017
Chris Laino
  • Real Estate Agent
  • East Brunswick, NJ
3
Votes |
33
Posts
Rehabbing & House Flipping

Investment Property in Flood Zone...Thoughts?

Chris Laino
  • Real Estate Agent
  • East Brunswick, NJ
Posted

I found a property I can get for about 100k and I think once it is fixed up I can sell in low 200s or rent out. My main concern is that it is in a "flood zone" although it RARELY floods. What is everyone's thought on investing in a property located in a flood zone? Will it make it more difficult to rent or resell?

Thanks!

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