Danny Johnson at Flippingjunkie has an extremely detailed and informative blog also.

As the other posters say, this is usually done only with clients I have extreme experience and confidence in and also who have funds to put in.As a lender or JV partner, we can't properly vet an auction property before you buy so the risk skyrockets for us.

In one county the estimated loss in value direct due to this legislation is estimated to be $1 billion by the county officials.Some people who do not have mortgages and therefore not required to carry flood insurance might elect to "self insure" ie not carry any flood insurance and put for any flood damages out of pocket.Most of the investors that I have talked to have said that they will stay away from flood zone properties and try to sell the ones they own now as soon as possible before the full force of the insurance premiums kick in.But as a counterpoint one investor told me that he would be seeking out flood zone properties with the idea of buying them at extremely low prices, all cash, with no insurance and rent them out for the cashflow.

I was extremely interested in buying a multifamily property while I was in college.

Account ClosedI would be extremely cautious putting in a tenant /buyer using a sub2.

I have a great realtor who has been extremely valuable throughout this process.

Hello, my name is Jacob,I am a 20 year old college student who has always been extremely interested in real estate and more recently investing in real estate.I live in Eugene, Oregon and I would love to find people that are familiar with this market.

Paul and just bought our (and my) first house in Oakdale MN (suburb of STP), and after some painting, a new dry bar, and a few updates to the bathrooms, we are extremely happy with the way the house looks!

Yes, you are correct but I'm also fighting against years of extreme laziness and the incredible comfort of my bed.

My wife is not thrilled with my decision to move into REI, so as someone in a similar situation....I think (for me) it is important that I not only have her onboard for the excursion but it is extremely important that the first few go very well.