Multifamily: Buying Vs New Construction as a FirstTime Home Buyer

Multifamily: Buying Vs New Construction as a FirstTime Home Buyer

Atlanta, GA · Member since 2019 · 6 posts · 2 votes

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!

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