Often we can get a bridge loan with cash back at closing as well as the remaining rehab budget in construction hold back in one loan. 

New construction going for so cheap in this area as opposed to how much new construction goes for New Jersey made me very interested in just purchasing something that is already completely done and hopefully good to go for the next few years.

Typically where the builder goes into a smaller town or area build a small phase and then moves out to another county or town leaving not many new builds in that area to offer new future construction home sales.

Building permit lists are public records that document permits issued by local government authorities for construction, renovation, or demolition projects.

I suppose I should have specified, but I am looking to invest in the US as the limitations and opportunities in Canada for the criteria I am looking for; Class C, Construction 1980's and newer, Price $12M-$17M, with 100 units or more is highly challenging to acquire, here in Canada.

New constructions in the neighborhood are selling for a significant amount above construction costs (double or more the market value of the land).  

Purchase price: $204,000 Cash invested: $30,000 This deal was an almost brand new construction in an up and coming area on the outskirts of Houston, TX.

Also, the city's building code could be different as far as the required fire rating for party/shared walls, etc, thus the construction costs could be higher.

The budget is $174,000 so I would need to find someone who can do construction for under $90/per sq ft.

Discounts on new construction, wanting to use a house hack strategy, available FHA financing, insurance costs in FL.