Real-estate investor Elle McGhee ditched house flipping for new construction, where she controls costs and timelines. She built a house for $400,000 and sold it for $800,000. New-construction deals can be funded by private investors without bank loans.
Chapters
Stop buying ugly houses. I know it sounds crazy because everybody tells you, buy low, sell high. Find a distressed property and flip it. I did that, and I'mma keep it real with you. It's inconsistent. You're dealing with hidden repairs, contractors going over budget, delays you didn't plan for. You reaching the entire time. That's why I stopped, and I shifted into something most people are not talking about— new construction. Now, instead of guessing, I control everything. I control the build cost. I control the timeline. I control the profit. I've done deals where I've sold it for about $800,000 and it cost $400,000 to build. Now that's a different game. I don't need a bank to do it. I structure deals so investors can fund it based on the numbers. That's what I'm going to show you. If you tired of chasing deals and hoping they work, click the link below and I'll show you how to start building instead.