Thoughts on buying properties under construction

[Jonathan Baptiste]

My goal is to do a BRRR for my first property but even properties in poor shape are expensive. I found a listing for a new modern looking property thats under construction thats in my price range. I am still in the process of getting pre approved so I haven't looked into it yet but I wanted to reach out to the BiggerPocket community on what your thoughts are on buying under construction properties.

Questions I have:

Is the price going to go up even if we come to an agreement now?

Are they possibly cutting corners that I will have to pay for in the future?

Are there any catches the may not disclose?