New Construction in Flood Zone

[Deonte Hill]

Good morning all,

thank you in advance for your input. I am looking to do my first deal and have decided to go the route of building a duplex. I am faced with a decision of paying 50k> to purchase a lot in a regulatory flood way or >75k to purchase a lot not a flood zone.

Obviously as investors, the numbers matter, so is this an action I should enact on or should I avoid the flood zone and purchase the higher priced property or take the risk?