The facility was built in the 1980's, cinder block construction, and needs complete rehab... 

Today, we visited 14 of our homes under construction in North Port, FL.We love to see the progress of each home after every visit.

We are still under construction but we ended up having to do everything including sub flooring, attic, roof, HVAC etc.

I currently work in construction and have some experience in all aspects of building.

Hello Bigger Pockets,I've been in construction for a little under a decade now, and I know what it takes to build a house from the ground up.

To put this in context, I own a construction, renovation company.

One of the agents owned a construction company with her husband, and the other agent is an investor.

So, if interest rates are a buyer’s primary roadblock, then I recommend negotiating a rate buydown at a seller’s expense or looking at new construction, where builders are offering rate reductions and other substantial incentives.

I am new to real estate investing and was looking into taking a heloc on my primary to purchase land and do a construction loan.

SHould I just pass on this old property and look into new construction?