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who is buying up home properties with cash???
me | 1/12/2019 | me

Posted on 01/12/2019 1:45:14 PM PST by SteveH

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To: gdc61

Welcome to the internet, where men are men, women are pretending to be men, and that girl you’re propositioning is a man.

[Little run on and on sentence there.]


61 posted on 01/12/2019 3:03:20 PM PST by familyop ("Welcome to Costco. I love you." - -Costco greeter in the movie, "Idiocracy")
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To: SteveH

These people attended a seminar in how to buy and sell properties. It’s a marketing scam. No one is going to pay you cash for your house.

I knew ONE GUY who did this. He was a beast. He basically flipped about 4 houses and then had enough money to play with in cash. He would literally ring doorbells of houses that he wanted and offer them the cash - Then and there - to sell to him.

At his price.


62 posted on 01/12/2019 3:03:38 PM PST by Celerity
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To: Oatka

I get those for my “rural” parcel in Az too. I chased those down and they are reselling these sight unseen for the “very cheap” price of 30k to city people back east.

Least they could do is make a “fair” offer since they are going to ask 30k for it.


63 posted on 01/12/2019 3:06:24 PM PST by Openurmind
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To: SteveH

house flippers with bank backing.


64 posted on 01/12/2019 3:06:38 PM PST by the_daug
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To: Larry Lucido

“I don’t know, but I bet they have grammar and punctuation ability. Do the flyers appear to be edited and typeset?”

yes, all with simple but correct grammar and vocabulary, all normal american english, very well edited to avoid any mistakes.


65 posted on 01/12/2019 3:10:10 PM PST by SteveH
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To: Olog-hai

cpc == climate prediction center, as in the us government agency? (sorry i have not kept up with that, but feel free to share the significance if you would like)


66 posted on 01/12/2019 3:11:52 PM PST by SteveH
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To: familyop

LOL as long as ive been on this site it still amazes me how many grammer nazis there are here. i know ive personally insulted dozens with my lack of caps and punct... but its what pleases me :)


67 posted on 01/12/2019 3:13:33 PM PST by gdc61 (LOL not.)
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To: SteveH

Generally Investors who have pooled money, from other people as well

They look for desperate sellers with older non updated homes that they can get at a great price. Bring in their contractor friend who does the repairs, updates the kitchen to granite counter tops, paints, hardwood floors, whatever it takes to get it presentable for a sale.

These guys pay cash, like I said, they will pool money from a Hard Money Lender who is looking to make 5 or 6 points on 5 months use of their cash.


68 posted on 01/12/2019 3:13:49 PM PST by Trump.Deplorable
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To: Georgia Girl 2

“Asians are doing it in our area. All cash.”

just to clarify, via pretending to be white american couples over us mail?


69 posted on 01/12/2019 3:14:25 PM PST by SteveH
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To: SteveH

how can ordinary people do this?

how could i get a business line of credit to do this?

could i do this but with (say) fixer upper classic american cars so as to reduce short term capital requirements?


70 posted on 01/12/2019 3:15:54 PM PST by SteveH
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To: SteveH

Communist Party of China, actually. They’re well-known for buying large swathes of US property.


71 posted on 01/12/2019 3:16:14 PM PST by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: Larry Lucido

keyboard spew alert


72 posted on 01/12/2019 3:18:33 PM PST by SteveH
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To: srmanuel

this if true would explain the flyers i see and absolve the chinese presuming the people you know are native born americans.


73 posted on 01/12/2019 3:21:06 PM PST by SteveH
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To: srmanuel

i wonder how these people get started. eg savings from their well paying day jobs over the years? inheritances? other (what?)?


74 posted on 01/12/2019 3:22:55 PM PST by SteveH
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To: SteveH; All

Could the Federal Reserve be buying some to prop up the market? Without an audit, does anyone know?


75 posted on 01/12/2019 3:31:30 PM PST by alternatives? (Why have an army if there are no borders?)
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To: Liberal Anti Venom

So THAT’S where the Indians got all that money to populate all those $500k-up new homes in north Irving (TX)!


76 posted on 01/12/2019 3:32:29 PM PST by avenir ("But as for you, teach what accords with sound doctrine."--Paul to Titus)
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To: familyop
I agree with your view .
I fear the Chinese are plotting away and a takeover is the goal .
The massive increase in. Chinese nationals in the country is
Unreal .
I see them in Savanah GA now .
What are they doing there .
I bet its linked to the sensitive military bases there .

They are all loyal to the Communist Party and do there bidding .

Sadly , DC is owned by China .
Feinstein , Mitchy , Harry Reid ,and K Street .

77 posted on 01/12/2019 3:36:08 PM PST by ncalburt (Gop DC Globalists out themselve)
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To: Bulwyf; srmanuel

> It’s not something that I would do, it’s morally wrong. <

Yep. I’ve read a few of those how-to-make-big-money real estate books. It all boils down to one thing: Find a home owner who is in serious trouble (divorce, health issues, etc.) then take advantage of him.

I’d rather go for the big bucks the old fashioned way: Wait until the Powerball is over $500 million, then buy a ticket.


78 posted on 01/12/2019 3:38:32 PM PST by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: SteveH

The stinking Chinese. You see rather crummy looking ones who don’t even speak English offering shopping bags of greenbacks as payment for houses around here. I was warned by my attorney not to accept this, as he’s seen cases of counterfeit money offered. One has to wonder, seeing that these people look like they just came off the boat, how on earth could they pony up $250,000 and up in cash for a house or a co-op apartment, when you’ve worked all your life and couldn’t do it. Where is that money REALLY coming from? I heard Commie China shunts it through the Chinese churches here, who supplies it to these scum.


79 posted on 01/12/2019 3:42:02 PM PST by EinNYC
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To: SteveH

1-WTF does their ethnicity or race have to do with a damn thing?
B-Why is it so astounding that some people have cash to buy a house
3- Most likely they are house flippers and have a financing/funding sources
D- Those house flipper/we buy houses people don’t try to buy houses they try to steal them.


80 posted on 01/12/2019 3:42:49 PM PST by WP Lonestar (No matter where you go, there you are)
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