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Updated over 6 years ago, 04/04/2018

User Stats

20
Posts
12
Votes
Alex Hake
  • Lincoln City, OR
12
Votes |
20
Posts

High Flood Insurance? What to do?

Alex Hake
  • Lincoln City, OR
Posted

Hey Everyone,

I am looking to invest in an area that is a high flood risk. It is a small coastal neighborhood where their seem to be a number of deals but I think the flood insurance on any of the given houses might prevent any of them from cash flowing.

Any advice on how to invest in an area like this? I know its harder to get a loan, and a lot of people I know just buy with cash so they don't need insurance, but how do you finance deals like this? How to get them to cash flow?

Thanks,

Alex Hake

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