Thankfully we are commercial bank clients so our rates are as low as you can get in the market place for anyone who is not Lennar or DR horton or those types.

.- Types of Floods: Includes heavy rainfall, storm surges, and river overflow.- Elevation and Distance from Water: Higher and farther properties generally face lower risk.- Rebuilding Costs: Higher-value homes may have higher premiums due to more expensive repairs.What This Means for Homeowners- Fairer Premiums: Properties with lower risk may see lower premiums, while higher-risk properties may face increased costs.- Gradual Rate Increases: Increases are phased in over time for policyholders who see higher premiums, with annual caps on the rate hike.- More Predictable Rates: Rates better reflect the real risk rather than just being based on a flood zone map.Example Scenario (Simplified)- Old System: A house in a designated flood zone pays $1,000 annually, regardless of its elevation or distance from the water.- Risk Rating 2.0: That same house may now pay $1,200 if it's closer to the water and more vulnerable or $800 if it's higher up and better protected.Flood zones still matter under Risk Rating 2.0, but their role has changed. 

I am the type of person that is normally looking to save a money to increase my investing so the thought of paying someone to do my taxes when we could do them ourselves didn't make sense. 

Is it hard to pull that type of cash out of a property?

Or is this type of deal that you savvy investors out there would scrap and try to be more aggressive?

Not sure if you use a PM, but my software tracks the policies and lets me know automatically if there is a lapse in the renters policy, so that we can try and avoid this type of scenario.

But you are exactly the type of person a loan officer would of sold a 2.99% to.

Property Type ConsiderationsSingle-Family Home vs.

After designing 100+ projects in 22 states across the US, we’ve come across almost every type of home, ARV, and target buyer.

What type of properties are you looking to acquire, SF, 2-4 MF, or 5+ MF?