The vast majority of new construction, especially in Denver metro and the surrounding communities, has been multifamily and townhomes.

And then reality kicks in - the construction was painful - finding decent contractors, inflation, scope creep - all the usual **** made worse by the fact that nothing is particularly easy in costa rica besides ordering cocktails.

This may be to deliberately prevent discovery of other electrical issues or prevent fire/injury.You will need some form of hard money or construction financing to purchase the property as is, and you will need to get the property occupant-ready to pass an appraisal before permanent financing is on the table.

You don’t want your lender to go out of business while still holding your construction escrow funds.Can you provide me with the contact info of some recent borrowers?

@Thomas Farrell if you have any experience managing property/construction projects, I would look in to flipping properties and keeping the once that you see an acceptable cashflow on when finished.

Is this home in the beach a new construction or an existing home?  

hello,Also just analyzing a new construction property with lower builder rate offer of 4.875% if FHA.

I would look at new construction or build to rent but make sure to run the numbers. work with builders who can keep build costs under $200 per sq ft and look for areas where land is less than 10% of after built value.

Especially now, I am seeing a lot of people who bought during or right after the COVID pandemic and are in situations where they simply cannot sell their homes for any profit (many of them bought as new construction).

BUT, I am sick living in construction and would like to move to a new home and then finish fliping and sell or hold the two homes asap.