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Updated over 4 years ago,
advice after house flooded. ?buy a new one while first is fixed
Hi My house flooded this week and my entire first floor including kitchen and finished basement are ruined and will need complete replacement. My family and I have ben told my multiple adjusters that we will be out of the house for at least 6-10 months. We have been looking to rent a house but have not found anything suitable. I was considering buying another house through a company or trust I could create and then renting that house( which will be paid by the insurance company). I would try to continue to rent the house after we get back in ours or I could turn around and sell it. Does this sound crazy or is this something that people do? Any advice would be helpful.