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Updated over 6 years ago,
New contruction vs resale
Im trying to decide whether my sister should buy new contruction four-plex or find one that could be a value add opportunity. She is buying to hold for atleast 30 years. She is going to use an FHA loan to buy it. My thoughts are if she does new contruction, she won’t have to do a lot of repairs up front.
What would you suggest?