Hi All,
I have heard a lot on investing in homes and/or residential condos before they are built (i.e when they are still in the marketing phase). After the project is completed(in a year time), one is supposed to sell it to make a profit due to the appreciated value of the property.

I am absolutely novice in any king of real estate investing, therefore, looking for some help with regards to the following:
1) Is this a viable invesment option?
2) If yes ,then what to look for in such kind of project and what are the
potential problems one could face by such kind of invesment.

Your help would be greatly appreciated.

Thanks