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Land & New Construction

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Douglas Gratz
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69
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New Construction (Sold before shovel hits the ground_

Douglas Gratz
Posted Jul 26 2021, 10:17

Hello friends,

I am interested in learning how to fund a project if I can sell the house before it is even built.

I have 4 plots in what stye say is the 3rd best gentrified neighborhood in the country. Northern Liberties in Philadelphia. Comps show new construction being sold before they even break ground.

If I can accomplish this, how can I use it to fund the construction? Does closing happen after its built? If it is how can I leverage the AOS?