Hi all, I’m looking at a two-family rental investment property which has been on the market for almost a year. Only problem I can see (although I haven’t made an offer and haven’t had an inspection) is that -as far as I can tell - it’s in a high-risk flood zone. I know the area well and it hasn’t flooded recently.
I will be paying cash so mortgage insurance is not an issue. I will also be renting it.
Wondering if anyone has any input on this.