PRE-CONSRTUCTED CONDOS
Three Reasons to Invest in Pre Constructed Condos
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No Tenants
Your investment is in a floor plan that a developer will create into a tangible asset by bringing it to life. No Leases, No credit reports, No evictions = less stress
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Deposit Schedules
Instead of being require to come up with the full 20% downpayment on a single day. Development often have a deposit structure in which over the course of 90- 180 days your required to make 5% deposits slowly adding up to the 15 - 20% required.
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Options on Closing
When the investment comes to fruition, you have options to close on it, live in, rent it out, assign it or some developers are now offer short term rental licenses. Options are good.