How To Analyze New Construction Deals
New construction expert Chris Somers goes into key points when his clients are looking at new construction.
- There is a lot of upside as well as potential risk involved.
- Investors can make boat loads of money if they make the right decisions on where to buy and what to build.
- The execution on the project is crucial as the dollar signs are usually much larger than your average flip.
- The margin of error is much smaller than on a flip so the planning and overall strategy need to extremely accurate.
Content by: Ian Walsh, Hard Money Bankers LLC