We are choosing new build because A) our family 4 has a certain size demand B)  the price-quality ratio doesn't seem to make sense when considering a preexisting home C) with interest rates being at near 8% with preexisting homes, builders are offering 5.99% interest rates and the exact home we are looking at is about $75K discounted because it's a spec home and the builder doesn't want to pay taxes on it.So, live in it for 5-6 years hopefully rent it out with a fully finished basement for potentially $4,200 in 5-6 years.

For the most part, they should pay for any penalties from the tax authority but at the end of the day, if you weren't paying for the taxes through escrow, and they weren't disbursing to the tax authority, but now you are and now they have, it makes sense the payment went up because they are covering the shortage for the period you weren't paying.

Now to your point of refinancing after a year, this really doesn't make sense.

You can typically only get one FHA loan, wouldn't it make more sense for you each to get your own loan and own property?

It's been my experience that people talk a good game, but get serious alligator arms when it comes time to reach their checkbook.

Hi, I'm very new to real estate investing and I hope to get connected to people who can help me start on this journey.

You need a reason not to make decisions on the spot with people.

What's the best way to connect with buyers in there, make a post or steal the emails off peoples sale posts?

Many people seem to complicate valuation issues more than needed, a strait forward way of looking at it is simply asking, "Would a buyer pay more for ...?"

The only time I know of recently in the US when house prices dropped was about 15 years ago when banks had been lending money to people that should never have been given loans.