The current costs of construction are so high that you can just find more bang for your buck buying as opposed to building.

I recommend you do this annually to adjust for utility increases and other variables.

I understand that the average household net-adjusted disposable income per capita is USD 20 519 a year.

How much construction experience do you have?

In most cases for new investors (fix and flippers, new construction, rentals, etc), Voro lending is offering Rate: 10.75%Fees: 1.5-2ptsTerms: 6months+Max loan: 75-80% loan to value, 70-90% loan to cost100% rehab financingExperienced investors get better termsYou can contact Robert @ 646-270-2585

We are also going to see rates start to trend down once the 10 Year treasury start to adjust down.If you have any questions at all or need to pick a Baker's brain feel free to reach out!

To me the most frequent issue I see in posts and discussions is not discussing how to scale and also Risk adjusted returns.  

Value add opportunities are over-shadowed by massive amounts of new construction. 

See if they will do construction loans.  

Because their investments do NOT have a higher enough ROI adjusted for risk.