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PaperclipPerfector  1mo ago (text post)   2320 thread views

Friday Fun Thread for September 11, 2026

Be advised: this thread is not for serious in-depth discussion of weighty topics (we have a link for that), this thread is not for anything Culture War related. This thread is for Fun. You got jokes? Share 'em. You got silly questions? Ask 'em.

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But why would a consumer buy a developer's random spec house with no economies of scale and no subdivision, when he can just get a construction loan that converts into a mortgage all by himself?

Most people are afraid of it, and/or aren't competent to get it done themselves -- seems to me that you kind of like it (in a pig-wrestling way) and are certainly competent.

As you say it's not that much work; seems like a feasible hobby is all I'm saying.

General contractor margins tend to be in the 30%+ range for custom work (custom work is a PITA; I personally would want more!) -- if you come off as a pro doing a spec house and say "just get these plans done" they will build it for a lot less; the difference is your margin.

Check out Zillow on existing houses and go get a quote I guess?

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