Buying brand new construction 20% under market value

[Michael Dezzi]

I’ve accidentally came across a developer who is willing to sell two side by side homes as a package for 20% under market value. Which would be around 800k the homes are worth about 1.2 million together. As I don’t have 160k cash sitting around I don’t want this deal to go to waste. The 20-30k I can scrape together myself isn’t going to put a dent in the down payment. Looking for the best creative finance solutions.

[Waylon Zook]

@Michael Dezzi

A question I have is why is the developer willing to sell for so much less in this market....is there an underlying situation you are not aware of ?