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Lupe Cartagena
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15
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Low cost flood insurance in CA

Lupe Cartagena
Posted

Does anyone know of a low cost flood insurance company in Ca. I live in the central valley and I purchased a home to fix and flip. Cost $99,900. Just found out I need flood insurance to close escrow (I had to go conventional loan because this is my first flip and I did not have enough cash. No hard money or "angel" investor would lend to me unless I had flip experience)  I'm ok with conventional on my first flip. It will cost me an additional $8k, but my net profit should be about $25k. I didn't want to pass on the deal.

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Jeff Zimmerman
  • Real Estate Agent
  • Fresno, CA
173
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364
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Jeff Zimmerman
  • Real Estate Agent
  • Fresno, CA
Replied

I use dibudio and defendis and they have always come through for me.  let me know if you need a contact. 

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