I think stepping into development and new construction could be an exciting path to explore.What’s your take?

If a builder were to construct a house in front of theirs, the view could be much less attractive.Any ideas on how to proceed?

@Danny RandolphYeah, I’m currently in the construction field and we usually get a 20-40% deposit, then get draws after certain stages/inspections have been passed

@Kent FordI agree with @Ryan Konen regarding areas like San Antonio’s outskirts, parts of Fort Worth, and growing cities like Tyler and Lubbock, which are becoming popular due to relative affordability and job growth.We will see an interest in smaller metro areas where prices are more accessible and a surge in new construction aimed at entry-level buyers.

Quote from @Tenzing Palmo: Hello I’m looking for my first investment property in Dallas Texas, I live in nyc so I don’t The trick with new construction in many of the growth cities is that don't allow rentals in the HOAs or have super restrictions. 

They did not do construction draws you needed your own cash for that. 

New construction, builder preferred lender helped buy down rate, I negotiated builder to add appliances and blinds, and negotiated price.

It's just like a constructing a new building it's all the boring stuff not much to look at and seems to take forever.

A ground-up construction loan for a new investor on some vacant land would also be a no-go as you must be able to show successful exits (refinance or sale) from a few projects before that's an option.So, we need to be able to see funds in your account that can cover the down payment, closing costs, and some reserves left over that will allow you to start your rehab.• No entity to close in: Though an LLC/entity is not a must-have, it's a nice-to-have prior to seeking financing.

And I just quickly found out that I wanted something with a little more scale and a little more meat on the bone.