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Updated almost 10 years ago,

Ken T.'s profile image
Ken T.'s profile image
Ken T.
  • Developer
  • from Astoria, NY
  • Member since Feb 18, 2015
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88
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12
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Ken T.'s profile image
Ken T.'s profile image
Ken T.
  • Developer
  • from Astoria, NY
  • Member since Feb 18, 2015
Connect
Ken T.
  • Developer
  • Astoria, NY
12
Votes |
88
Posts
Real Estate Deal Analysis & Advice

flipping a home with a high flood insurance premium

Ken T.
  • Developer
  • Astoria, NY
Posted

I just got off the phone with a flood insurance agent, the yearly premium is 2,900-3,600.   I'm worried that will make it harder to sell, comps in similar flood zones still make for great flip potential.  any opinions? has anyone dealt with a similar situation?

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