New Duplex Development
There is a new development going up in an area that is spreading and growing rapidly. I know the rule is you make your money when you buy it, but how does that apply to new construction? The builder is only offering 5k off each duplex if buying multiples. It will get a better clientèle since it is newer and the area is growing, and I hope that it will increase in value quickly.
Would you go this route or the older, cheaper less desirable areas. I hope to live in one until I can decide where to build later.
Thanks.[ Edited by robh2 on Date 03/20/2005 ]
Sorry Craig, its in the southeast where I am moving this summer. This market is only good if you already own. I did pretty good on my house here in Fremont and am glad it sold better than even my dream number I was hoping for.
Robert
I am looking in the Southern and Northern Mississippi areas.
Loans4keep
The developer has an open order by an investor for as many as possible but for 10k off. He said he will rent them himself if he had to give 10k off.
Sorry I didnt reply sooner, I missed your post.
Robert