Flood Zone SFH Property Buy or No Buy ?

[Rob Singh]

What are your guys thoughts or pros/cons on buying a SFH in a flood zone? Also any luck with FEMA removing it out of Flood Plain after your E-LOMA appeal??

[Aaron K.]

Just don't, the insurance is way more expensive and tenants see it as identical to a home not in a flood zone so they aren't willing to pay more, it can be difficult to sell, and if it is at a discount now it will likely be at a discount when you go to sell it, not to mention it could get flooded obviously.