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I've heard of that before. Developers cheap sell the first units to get the ball rolling, so you get the benefit of the cheap sell and the normal appreciation. Assumming a desirable project and continued real estate appreciation, neither of which is a certainty, but no investment is.
posted by 63.197.222...
Posts in this Thread:
- OT: Real Estate Question - Buying in a new development, Randy Thatcher
, Thu, 11 Nov 2004 22:42:03- You are betting that mortgage rates will stay low,, Rafe, Sun, 14 Nov 2004 06:52:35
- Salbale contracts..., egsAero, Fri, 12 Nov 2004 12:25:13
- foreclosers, ckpaden, Fri, 12 Nov 2004 11:40:07
- Good strategy...., Mike Lynch
, Fri, 12 Nov 2004 11:35:32 <-- Viewing This Message - If its stictly an investment property..., KB900psi, Fri, 12 Nov 2004 10:31:04
- Re: OT: Real Estate Question - Buying in a new development, Bob M, Fri, 12 Nov 2004 08:11:13
- capital gains, markP, Fri, 12 Nov 2004 04:40:36
- How much can you afford to lose?, MI-Roger
, Fri, 12 Nov 2004 04:12:31
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