Where is the best place for real estate investment in Florida?



In many parts of the country, real estate is on the decline. In Florida, however, the opposite is taking place. Now, is the best time to purchase a piece of real estate in the Sunshine State. Why is now such a great time to buy? The job rate is increasing and so is the purchase rate. Those two things together equal a great profit for you in the long run.

There is currently a process called “pre-construction investment” that allows you to purchase a home that is being built for a small down payment. As the construction continues, the home value goes up. By the time the construction is complete, the home is worth that you originally financed and you’ve made some money.

Here’s how it works. You purchase a piece of land from the construction company or a developer. Often times, you’re only required to put a small amount down (like $5,000). While the home is being built, you’re not required to make payments on the loan; this allows you to sit on the equity. When the home is complete, you can sell it for the current market value and earn the equity as profit.

So where can you find land that qualifies for pre-construction investment? Ask any developer. Chances are, there are neighbors being built all over the state.

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