Wouldn't it be better for a new agent with no local network to draw upon, to try to work at a new home builder where you might make less money per sale but at least you have sales and can turn customers into potential clients down the road? 

I have my own construction company in addition to my real estate business so my situation is different than most as I have the entire scope of work completed by my own crews aside from a few items like plumbing that we sub out.Before that, I acted as the GC as owner builder and hired each individual sub.

"Multifamily homes are going up like crazy," said Aaron West, CEO of Nevada Builders Alliance.

I have a letter of commitment for purchase of the existing house at 130k and a national builder that's wants the five remaining lots at 33k each.

It was eventually split from the whole project and allowed to be sold off to developers/builders.

A lot of builders expect to lose money at this point in the market cycle; but because they've been building for the past 5 years, they've earned enough to cover any losses at the end of the cycle.3. 

I work at a bank doing loans similar to this, maybe I can give some perspective.if you are not a builder, giving you money for a loan that requires a giant build is risky.

I'm meeting with builders and architects right now to see how we can solve this. 

If one was to GC a new construction or a flip project (in NJ) would you need to take out a general contractor insurance policy or does the builders risk insurance policy on each property as well as hiring fully insured sub-contractors suffice?  

Everything takes WAY longer than you think, (more than double), costs WAY more than you think (experienced builders are having subs who won't hold a bid longer than 4 days because of material costs skyrocketing)  and is more complex than you think.