That could be a great way to find and stay engaged with local investors and opportunities. http://www.biggerpockets.com/alertsYou can also search for other investors and wholesalers in that area and follow their journey on Bigger Pockets here: https://www.biggerpockets.com/search/usersI love that you've already plugged into the podcast - it's been a wealth of education and a huge confidence builder as me and my husband have pursued REI and built our portfolio.

I get builders risk, even if my contractor has insurance.

Builder's Grade Appliances as opposed to Upscale. 

ours is more in the 50 to 60%.. some builders can get 70 to 80 but that's one smaller balance deals were they just do 2 to 4 houses a year so the bank is not taking a huge leap.

The larger builders have dealt with this by slowing their current projects and reducing commissions to buyers agents.

All this while, I would tell him that don't worry about me, you are not paying me, the seller will be paying my commission.After two months of showing him houses and spending many hours consulting him on good areas in Houston, he decided to go and talk to builders.

I mean I am turnkey I was the number 24 new home builder out of the top 30 in the Portland market.. and all of are product are TURNkey I suspect  they are brand new homes.. just like the buys I fund here in the PDX metro area they are flippers.. they just NEVER sell to investors its all home owners.. and homeowners want fresh new modern rehab.. so investors same thing they want fresh new rehabbed rentals.. and if you can bring the management component that helps them.. but I bet Memphis has their share of flippers that sell to home owners.. they are turn key in a sense..

He has a large list of builders that buy from him because they offer very good prices.

Hey all,If I want to buy a new townhouse or a new home from a builder through plans, is there a possibility of other buyers coming in and making counters on it as well?

Does anyone have any suggestion on Builder's risk insurance?