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What is your view on a property in a flood zone?
Hey everybody!
I am about to close a deal on a fourplex by October 1st, this fourplex is in a flood plane. I plan to house hack this property and live in one of the units. One quarter of the property is in the "X zone" of the flood plane and the other three are in the AE zone which is more likely to flood. The problem is, the seller initially told me that only one quarter of the property is in the flood plane. What are your thoughts about buying in a flood zone and what tips and tricks can be helpful.
Thanks!