New Construction And Lease Options
One of my favorite strategies is to get new construction in the first pre-sale, and hold on for the appreciation, and then lease-option the property and hold it for 2 years before selling. I live in Washington state, and I would like to branch out into other states that are having better appreciation. I realize that this is more speculation than investing, and I wanted to get feedback from anyone who has been successful doing this outside of their local area. Thanks!
I never walk away (my Contract gives me 30 days to back out), and I have a 50/50 close ratio with Sellers, because I follow a very precise plan that works really well.
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You better run a criminal check. LOL
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I would wait until the check clears to believe it!
I would say go for it...
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