New construction Multi Family

[Ramiro Rodriguez]

Has anyone had experience with multi family new construction? In this hot market it seems like this makes the most sense, correct me if im wrong but the value in the quality of materials and brand new everything is probably worth the extra money in the long run. Im looking at properties that are 4 units that are in the 280-300k range. They are also 15-20 years old. I am able to build brand new for about 350K in the area im looking.