New Construction VS Flips

[Jordan M.]

Hey everyone! This is a topic I have always been curious about and wanted to engage a conversation with the BP community!

If you are involved in flips, why do you choose those over new constructions? Vice versa why do you choose new construction over flips? 

I feel like with flips, you could typically have a shorter timeline, and can maybe get into a property for cheaper. Where as new construction the timeline may be a little longer, and you may need to have a bigger down payment? However with new construction you’re eliminating some headaches by being able to just build the house exactly how you want it, and not having to wonder if you can bring down a certain wall in a flip. 

What’s your thoughts/reasoning for going with one over the other, or doing both!