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Updated over 2 years ago, 08/01/2022
Buying brand new homes vs used homes in Florida
Hello,
I am a future RE investor. My husband and I are interested in buying properties (multi family property with house hacking) in Florida.
As I watched some YouTube videos and heard that there were many new constructions being cancelled as buyers were cancelling the deals due to home price reduction with higher interest rates.
Would there be a good opportunity to buy brand new homes that cash flow, now or in the future?
if above is yes, does that mean buying brand new homes might be a better option than buying used homes as it's less headache for repairs?
What advice do you have in terms of buying brand new homes in general?
Thanks in advance!