I am a small spec home builder.

So you're doing this as an owner/builder right?

Your best option would be to speak with a few local builders.

The property was advertised as new construction, small time builder from NJ, but the inspector found used wood in the crawl space and other evidence to support his theory that this was not only a used build, but a very poor build as well.

I think that in most US markets the correction will not be very significant.I think most of the content in this thread gives too much significance to interest rates for owner occupied single family houses but is correct for investment properties, commercial and multi-family.I’m already being solicited by home builders offering me 10 percent off on new construction for single family homes.

Get with local builders, I would try to sell it to them

Hi All,I'm looking for some good reputable contractors / builders in Genesee County, Michigan.Contractors who have experience with fully re-habbing homes and bringing properties up to code. 

If you are dead set on building you will need a lender who can do construction loans, and you need to get started now as you have 11months until your lease is up to find land, builder, get it approved and build out. 

Why try to save $500 when they could turn up all kinds of little stuff you'll want to know about - and have the builder fix....

The notion that builders can or will slash new unit pricing 20% is just infantile thinking, it is a very ignorant statement that is far from true.