New construction homes are typically around 600k here and picked up maybe 25% in the same time.

Given the current market conditions, new construction and turnkey properties tend to offer a more stable and lower-risk entry point into real estate investing.

That to me is the simplest deal structure and the least "risk to you" as you aren't waiting for the final home to complete to be paid, as I understand it most construction loans close on the "dirt" up front....although like everything in real estate its infinitely negotiable and changeable.  

I also liked the fact that it was structurally sound with concrete block construction, a tile roof, and high elevation.

Quote from @Donald Hatter: I would buy a $400,000 new construction home which could appraise for $430,000 to $450,000. 

I used a construction loan.4.

In this episode of 'Ask the Expert,' I dive into why multifamily properties, especially new construction triplexes, often come out ahead.Here’s the breakdown:Cost Efficiency: Building a single-family home requires one $25,000 slab.

Myself being a GC, developer and construction consultant as my main business... the question of GC licensing has never been a factor in lending or in selling for me. 

Nearby new build 3/2 SFRs start in the mid-200's, and there's a lot under construction.

Ongoing construction projects valued between $26 billion and $30 billion fuel employment opportunities.