OOS Investor - New Construction vs Rehabbing Existing Properties

[Steven Nguyen]

Hello BP members,

I am an OOS investor based in CA looking at new construction vs rehabbing existing properties

I had a few questions:

1. Do new home builders sell to OOS investors ? I know some only sell to people who will use as their primary residence.

2. What is the expected rent to value ratio ? I'd be happy with a 0.75 or higher RV ratio given new construction has lower CAPEX/maintenance.

Thanks for any insight.

[Joseph Schweizer]

Hi @Steven Nguyen!

I have heard @Zach Lemaster has some new builds in Florida. Upon a quick look, it seems like they meet your 0.75 goal. Might be worth a look if you are interested in Florida!

Best Wishes!