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Updated over 10 years ago on . Most recent reply

Linda Backlund's profile image
Linda Backlund's profile image
Linda Backlund
  • Renter
  • from Sevierville, Tennessee
  • Member since Aug 21, 2014
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Linda Backlund's profile image
Linda Backlund's profile image
Linda Backlund
  • Renter
  • from Sevierville, Tennessee
  • Member since Aug 21, 2014
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Linda Backlund
  • Renter
  • Sevierville, TN
0
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6
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Buying & Selling Real Estate

New Houses

Linda Backlund
  • Renter
  • Sevierville, TN
Posted

What are your thoughts in investing in new homes?   Purchase them cheap and then resell them a higher price?  What is the upside and what is the downside of that business plan?

Need some advice.  Thanks

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Jesse B.'s profile image
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Jesse B.
  • Real Estate Investor
  • from Cheyenne, Wyoming
  • Member since May 23, 2014
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Jesse B.'s profile image
Jesse B.'s profile image
Jesse B.
  • Real Estate Investor
  • from Cheyenne, Wyoming
  • Member since May 23, 2014
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Jesse B.
  • Real Estate Investor
  • Cheyenne, WY
37
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71
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Jesse B.
  • Real Estate Investor
  • Cheyenne, WY
Replied

For the downside google the housing crash of 2008.  :)

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