Is it too late to buy new construction projects?
I spent the weekend at a friends house that he bought a year and a half ago for $450k in the LA area, that is now worth $1.2 milion. He got in on the first phase of construction, and they're now finishing their final 4th phase.
They are building a new project in the same area with homes starting at $700k. Is it too late to make money with this new home construction?