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Thanks for the great feedback guys. It is something I definately need to do more DD on before I jump in. This deal involves 5% deposit and progress payments. Builder will not start until he has an investor. The estate it is in is going to cater for 2200 homes. While vacancy rates...

CHam thanks for your detailed response. Great that the builder added you to their insurance policy. Westminster - I had never come across this type of investment opportunity before receiving an email from the RE. It makes sense to deal direct with the builder. I did some more...

The first email sent by RE is definately a baited hook to catch fish. The price has gone up (he forgot to add his commission/ selling costs to the price so extra 10k) The lease is initially 12mths not two years. I wonder what else will come out of the wood work. And me thinks the...

Thanks aaron, westminster and mcgqs. The pro that got my attention was the builder is offering 8% return on purchase price. I am waiting on RE to get back to me with no. beds, bath, cars, land size etc. It is in what will become a very large estate which will have an affect on rents post...

RE is offering opportunity to buy builder's display home and builder will rent it back for 2 years. I was just wondering what one needs to be aware of when considering this? Insurance - if the public trip and hurt themselves - owner or leasee's insurance? What is the potential rent return /...