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Updated over 19 years ago on . Most recent reply

User Stats

131
Posts
1
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Jim Francis
  • Real Estate Investor
  • Alabama
1
Votes |
131
Posts

Is it too late to buy new construction projects?

Jim Francis
  • Real Estate Investor
  • Alabama
Posted

I spent the weekend at a friends house that he bought a year and a half ago for $450k in the LA area, that is now worth $1.2 milion. He got in on the first phase of construction, and they're now finishing their final 4th phase.

They are building a new project in the same area with homes starting at $700k. Is it too late to make money with this new home construction?

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