Building a house...?

[vvblazers777 10+ year member]

Hey, I'm looking at starting anytime in between the next 30 and 90 days. Anyway, I was looking at "us" building it, considering I got relatives in the construction business that would most deff. give a hand on the project. That house is for sale at 162k I have no idea what you meant by you couldnt find it for that cheap. //content.invisioncic.com/y282845/emoticons/confused.gif.e820e0216602db4765798ac39d28caa9.gif I'm located at Ft. Hood area.

 

[Eugenics 5,000+ posts]

a 30% margin would be an amazingly high margin. and that isnt "profit", it is the gross margin, or the cost difference between the sales, and the cost to complete. not to say that profit isnt included in that cost, but the profit is quite a bit lower when all the costs to build are considered.

i was in a different market, i suppose i should've mentioned that.

 

[MikeofTulsa Moderator]

housing market seems to be doing quite well in my area.