House Flipping, Renovation and Rent back - Residential Realty Today

Tempted by Those ‘We Buy Houses’ Ads? Weigh the Pros and Cons

HomeLight

JANUARY 28, 2022

We buy houses” companies are flippers who purchase properties “as is” for cash and renovate them, generating a profit at resale. How do ‘we buy houses’ companies work? These investors purchase a house in poor condition “as is” for less than market value (generally between 50% to 70%). Cash buyers may have hidden fees.

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Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

HomeLight

JANUARY 4, 2022

House flippers typically buy homes for cash as-is at a sharply discounted rate, with the intent to make improvements and repairs and then resell the property at a profit. One of the most well-known house-flipping companies is the “ We Buy Ugly Houses ”® franchise. Turnkey homes are in especially high demand.

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Residential Realty Today

Tempted by Those ‘We Buy Houses’ Ads? Weigh the Pros and Cons

Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

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