Quote:
Originally Posted by Tron_fdc
Are people still buying new homes from a builder, waiting the 12 months for them to be built, and flipping them? It seemed like the thing to do a few years ago.
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I've got one like that going on right now. For a while builders stopped allowing it (they'd require a signed affidavit saying you were going to move in), but things have slowed enough that it's possible to do again. We're looking at maybe doing another one, we've got our names in for a condo as well though I'm starting to wonder if they'll ever do anything.
It's not the best return on investment for that money, but it certainly is a hassle free way as long as the build is near where you live. No worrying about tenants or anything.