Visiting Orlando to purchase New Build Homes at discount

Flipper/Rehabber · Bloomfield CT · Member since 2020 · 1k+ posts · 409 votes

Visiting Orlando in January to purchase New Build Homes at extreme discount . What builders and agents should I meet up with during my visit?

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Doug SmithPro Member

Lender · Tampa, FL · Member since 2013 · 2k+ posts · 2k+ votes

10mo

I'm not seeing extreme discounts in FL for builders. They would rather give closing cost incentives, etc as to not deflate future comps. If you're a builder and you have 100 homes in a new subdivision to sell, the first time you sell one at a discount you've created a comp that lowers the appraisals on your future sales. You might find something that a one-off builder has done that's been on the market a while, but I'm not seeing it here.

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Clark Thornton
Property Manager · Orlando, FL · Member since 2025 · 110 posts · 51 votes
10mo
I've worked with an awesome company called Rent2Retirement professionally before. They do turnkey, so set you up with new build homes at great prices given their size. I've been super impressed by their operation, and they do a lot of new build homes in Central Florida. Shoot me a message, and I'd be happy to connect you with one of my contacts over email.
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- James McGovern
  OP
  Flipper/Rehabber · Bloomfield CT · Member since 2020 · 1k+ posts · 409 votes
  10mo
  @Clark Thornton how extreme are the discounts?
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- Clark Thornton
  Property Manager · Orlando, FL · Member since 2025 · 110 posts · 51 votes
  10mo
  Quote from @James McGovern:
  
  @Clark Thornton how extreme are the discounts?
  I'm not really sure how to answer that. Extreme as opposed to what? I think their homes are very competitively priced based on their scale of operation. I've worked with them but am in no way affiliated, so just let me know if you want me to put you in touch so that you can ask them specifics.
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Nick BelskyBusiness Member
Lender · Orlando, FL · Member since 2021 · 1k+ posts · 704 votes
10mo
@James McGovern
Stay away from Lennar and DR Horton. The concept of craftsmanship, plum, square, and true mean nothing to them. Cheap homes, yes, built well, not even close. They are building for speed, nothing more.
Cheers!
[email protected]
Belsky Mortgage, LLC521 Reviews
Website View Page
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Doug SmithPro Member
Lender · Tampa, FL · Member since 2013 · 2k+ posts · 2k+ votes
10mo
I'm not seeing extreme discounts in FL for builders. They would rather give closing cost incentives, etc as to not deflate future comps. If you're a builder and you have 100 homes in a new subdivision to sell, the first time you sell one at a discount you've created a comp that lowers the appraisals on your future sales. You might find something that a one-off builder has done that's been on the market a while, but I'm not seeing it here.
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- James McGovern
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  Flipper/Rehabber · Bloomfield CT · Member since 2020 · 1k+ posts · 409 votes
  10mo
  @Doug Smith I am buying for investment purposes and don't need incentives such as assistance with closing costs or lower interest rates. The ideal scenario would be $30k off listing price
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- Chris Grenzig
  Property Manager · Orlando, FL · Member since 2016 · 479 posts · 277 votes
  10mo
  Quote from @James McGovern:
  
  @Doug Smith I am buying for investment purposes and don't need incentives such as assistance with closing costs or lower interest rates. The ideal scenario would be $30k off listing price
  
  Why $30k?
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- James McGovern
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  Flipper/Rehabber · Bloomfield CT · Member since 2020 · 1k+ posts · 409 votes
  10mo
  @Chris Grenzig I chose that number to help focus the conversation. Otherwise I would likely hear about tiny 2k discounts and the standard answer of focus on incentives which is not addressing the question asked
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