They showed the property's elevation relative to the base flood elevation (BFE) for its flood zone.With Risk Rating 2.0, FEMA now uses advanced technology and data models (like topography maps, elevation data, and geospatial technology) to automatically assess elevation for rate calculations.How Elevation Impacts Rates Now- Higher Elevation = Lower Risk: Properties located at a higher elevation are less likely to flood, which generally results in lower premiums.- Lower Elevation = Higher Risk: Properties at lower elevations or in flood-prone areas typically face higher premiums.- Natural vs.

Lower entry point compared to NY, 3.5hrs away.

.✅ Lower Vacancy Risk – Losing one tenant doesn’t mean losing all your cash flow.✅ More Affordable for Renters – Competitive pricing attracts a steady stream of demand.✅ Built-In Community = Lower Turnover – Tenants stay longer when they feel connected.✅ Allows You to House Hack a Single-Family Home – No need to compete for pricey duplexes and triplexes!

I’d also look into using an FHA 203k renovation loan, allowing me to buy something unqualified for a standard mortgage, which would weed out a lot of competition and push the price lower.

The refi will be WAY cheaper than buying points and you'll likely end up with a lower rate than you can buy down to now. 

There's usually a good reason why the entry points are lower.

I have a property I'm considering seller financing with a wrap mortgage to a buyer, I'm currently refinancing the home and have the option to not escrow the taxes and insurance, which lowers the payment about 700/ month on the 1st position mortgage, BUT would escrow the T&I on the wrap mortgage. has anyone structured it that way what would be the pros and cons to structuring it this way? 

If taxes go down for higher tax basis, I will move more taxable money to tax free options allowing for greater wealth preservation.

My understanding is profit from lending is considered "taxable income" and is therefore added to your income and subject to your normal tax rate after all deductions, etc.

Hi Ryan,Typically construction financing isn't based on your taxable income and rather more contingent on your experience, FICO and the deal itself.