Should Investors buy new homes

Should an investor ever buy a new built home?
New builds residential are tricky. Builders did not sell to investors during the big boom, but when the bust came they decided to let the investors in. What has happened since is almost criminal! They have agents that tell you that your getting at the rock bottom price. After your purchase you not only can’t sell right now but the builder in a lot of case’s will lower the homes even more. All this being said leaves the investor in a bad position. So buyer beware of new builds. The people who have already bought just has to keep there properties. They will eventually rise in price and you should make a good profit on them. The key to know or how to buy a new build consists of the following; 1. End fill lots are usually a great place for them. 2.High rise new build in the city may also be a great buy 3. In a great market if new home builders let you buy as an investor. All that being said all I can say is be cautious when buying new homes


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Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment