Buying from Builders

[Katheryn]

I have no experience purchasing investment properties from builders. I know that investors do purchase these due to the numerious incentives offered. Typically, the rule for purchasing investment property is about no more than 65% of market rate. Can anyone comment on if can be accomplished by purchasing from a builder and offer any advice?

[Just Information]

The following links may help in dealing with this type of seller

http://www.standardtimes.com/daily/10-98/10-17-98/t04ho127.htm

http://www.buyersinternational.com/newconstruction.html

[ChrisGA]

be aware of what you are getting. Because some builders will sell saying you are getting a deal and you are not. DUE DILIGENCE and extra diligence because you need to know the new housing market, to invest with these guys. I have found some of the best deals from builders are while they are on the drawing board.