Help me analyze Real Estate Investment program

[Travis Mercer]

• Homes are sold about 30 days before construction is completed.

• Buyers receive an instant $30,000 discount at the time of sale.

• Because of this built-in equity, the end buyer reportedly has no out-of-pocket down payment.

• Homes are priced between $80,000 and $100,000.

• Two homes are currently under construction, with plans to scale.

• Profits from each sale are shared with investors.

• Investors also have the option to become the end buyer themselves.