Additionally, exploring surplus line carriers that handle high-risk properties might be beneficial, though they often come with higher premiums.

Other important features were ease of use and messaging. 

The market here is slowing down a bit, especially on the retail side where homes are selling for over 500k.On the investment side, we've noticed a significant price decrease in properties in Flood Zone AE due to skyrocketing insurance premiums.

Investing in New Builds: Considerations and ProcessNew Build Investment Options:Build and Sell (Fix and Flip):Pros: Potential for high profits with modern appeal.Cons: Requires significant upfront investment and market risks.Build and Hold (Long-term Rental):Pros: Attracts quality tenants, potential for higher rental income.Cons: High initial costs, market fluctuations.Process Overview:Market Research: Identify high-demand areas.Land Acquisition: Purchase suitable land.Design and Planning: Work with architects and obtain permits.Construction: Oversee build quality and manage costs.Marketing (Fix and Flip): Highlight new features to attract buyers.Tenant Management (Rental): Implement thorough screening processes.Advice:Educate Yourself: Understand local regulations and market dynamics.Risk Management: Prepare for potential delays and cost overruns.If you have any other questions/just want to discuss feel free to reach out to me directly!

This can quickly help you figure out if you are paying a premium or a discount for the expected future cash flows of the asset.When you pay more for an asset, (lower caprate) you assume the risk is lower.  

The down side is to an FHA is that you have to pay an UFMIP (Up-Front Mortgage Insurance Premium) of 1.75% of the loan amount and an additional annual MIP that is dependent on how much you put down and the loan amount.

Better option is to use the search feature at the top right of this site and spend weeks reading about wholesaling.

If you have paid extra, or if it's interest only, or some other feature...you may have to do something different but amortization schedules are usually a good place to start.

Plus, insurance premiums are expected to decrease, and there are cool opportunities in Tampa for ADUs and tiny homes.

property radar does this on the west coast .. not sure if they have gotten to the east coast yet.its a paid for subscription but its uber powerful with many many features and notice of defaults are one of them.