Our experience in similar projects and the strong market demand in the area further solidified our interest in this property.

I can't speak to this exact builder or market, but I can say that many production builders offer huge closing costs, but it's often a marketing ploy and they know that you can't use at least a big chunk of that. 

Purchase price: $279,000 Cash invested: $45,000 Sale price: $425,000 Off-market property I found, contacted the sellers and proposed a cash offer of $279K "as is" (suggesting we would clean out the entire property & dispose of whatever the sellers didn't want.).

Here are some data points below from the past month:🏠📈 Real Estate Update 📉🏠Here's the latest market report (based on single family homes):🏡 Mortgage Rates:30-year conventional rate today is 6.63%30-year VA rate today is 6.20%💰 Median Sales Price:May: $475,995June: $485,000July: $487,483📈 New Listings:May: 2,141June: 1,920July: 2,032📅 Median Days on Market Until Sale:May: 12June: 13July: 14📦 Months Supply of Inventory:May: 2.4June: 2.3July: 2.6

No deals are advertised as great deals way below market.

It was sold and marketed to me as a facebook support group.

In my experience, this usually happens when you are renting below market.

I'm in two states and have decided to stick with Buildium Essentials for tenant interface, marketing, and leasing.

We work with a number of  builders to move there properties off market before they’re complete.  

That is his local market and he has it down to a science.