Purchase price: $260,000 Cash invested: $120,000 Sale price: $535,000 Complete gut, new front and rear walls, all new electric, HVAC, plumbing, roof, deck, windows, interior What made you interested in investing in this type of deal?

View report*This link comes directly from our calculators, based on information input by the member who posted.I’m considering purchasing two investment condos to help pay for my children’s college tuition in 13 to 15 years.

I purchased flood insurance on a Zone A property in July this past year on a house that had previously flooded. 

I hope they are just in a testing phase and will receive enough complaints to pull this back.

What made you interested in investing in this type of deal?

My question is what is the best structure and any referrals for this fund? 

I'm not going to continue arguing with you about this on this thread because quite frankly nobody here cares if we are being honest.

But if your goal is to cashflow positive from the Day 1, you may find it very challenging due to current day interest rates, high cost of construction and the fact you won't have the efficiencies of a seasoned developer building at scale.

What's up with this?"

What I don’t understand is how something like this happens so late in the process.