Updated over 2 years ago on . Most recent reply
New Builder Won't Sell to Investors - Help
We just put a contract on new construction far north Dallas. We plan to make it an investment rental but did not tell the builder. We went back to put a contract on a second home with the builder and told them the second one would be a rental. They said they won't sell the second one to us as they are not selling to investors until subdivision is more built out. There are not HOA's for this subdivision....just builder refusing to sell. My question is can the builder do this if we qualify and if so are there any work arounds? For example, can I put the second build contract under my daughters name "as her new house" and once we close, transfer the deed to my name and rent it out?