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Updated about 7 years ago on . Most recent reply

User Stats

33
Posts
13
Votes
Willie Smith
  • Real Estate Broker
  • North Carolina
13
Votes |
33
Posts

New contruction vs resale

Willie Smith
  • Real Estate Broker
  • North Carolina
Posted
Im trying to decide whether my sister should buy new contruction four-plex or find one that could be a value add opportunity. She is buying to hold for atleast 30 years. She is going to use an FHA loan to buy it. My thoughts are if she does new contruction, she won’t have to do a lot of repairs up front. What would you suggest?

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