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Updated over 3 years ago,

User Stats

6
Posts
2
Votes
Keion Embry
  • Atlanta, GA
2
Votes |
6
Posts

Multifamily: Buying Vs New Construction as a FirstTime Home Buyer

Keion Embry
  • Atlanta, GA
Posted

Hello! I was curious to ask, in a seller's market as this (Currently 2021) with inventory being purchased and sold off at higher market prices, would it be a good investment move as a first time home buyer to find and purchase land and then develop a multi-family home on the property? Then, in time, develop more units on the property?

What would be your overall thoughts and the best process to go about it?

With gratitude!