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Updated about 1 year ago on . Most recent reply

User Stats

11
Posts
3
Votes
Nasir Smith
  • New to Real Estate
  • Georgia
3
Votes |
11
Posts

New Construction as first investment?

Nasir Smith
  • New to Real Estate
  • Georgia
Posted

I went out with an agent to look at purchasing my first home and they offered to take me to look at a new construction home that was just built a few weeks ago. The new construction home is offering lower VA rates, to pay my closing costs as well as adding some new appliances when I move in as a "welcome package". Whether or not I decide to get the new construction home I plan to live in whatever home I buy for the next 2-4 years until I PCS then possibly rent it out or sell. Would it make sense to purchase this home over an older home? What investment opportunities are there when purchasing new construction? Valdosta GA

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