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Updated over 13 years ago on . Most recent reply

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514
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Antonio Bodley
  • Alabama
26
Votes |
514
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Those WE BUY HOUSES people

Antonio Bodley
  • Alabama
Posted

I contacted one of those WE BUY HOUSES companies one day. I asked if they buy properties from investors who have properties under contract. They said no. They only buy directly from the private sellers. I was thinking. If I buy a home using cash from transactional funding, that would make me the private seller if I wanted to sell the house. Right? After all I did close on the first half of the buyer and seller transaction. Then I would turn around and close on the second half of the transaction when I sell the property, not assign the property for a fee, but sell the property to the end buyer being the We Buy Houses people. Would I then be able to use them as buyers since they say they only buy homes directly from the private sellers?



Most Popular Reply

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13,452
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Steve Babiak
  • Real Estate Investor
  • Audubon, PA
8,350
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13,452
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Steve Babiak
  • Real Estate Investor
  • Audubon, PA
Replied
Originally posted by Antonio Bodley:
I contacted one of those WE BUY HOUSES companies one day. ...

Let me get this straight ... You contact exactly ONE SINGLE outfit, and from their response you draw the conclusions you reached? REALLY?!?!

Try calling a few more signs / ads. A consensus of ONE is not a good basis for this conclusion IMO.

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