I find this occasionally in my mailbox (neighbors have it, too). Are these legit buyers, agencies or scammers? Who operates with such amounts of cash (millions), and why?

https://i.redd.it/lshxbks3nzuc1.jpeg

Posted by movaxdx

8 Comments

  1. BeardedBaldMan on

    It’s very simple. They are businesses often with multiple investors and are frequently working with developers.

    They offer below market value as they are looking for desperate people and can turn the sale around quickly.

  2. ConfidenceArtistic98 on

    At least this one is honest. I don’t like them, but appreciate honesty.

  3. Often if you write this number in the search bar on Google or Facebook you will find that they are just flippers/”investors” looking for cheap apartments.
    I get every week at least one advert like that in my mailbox. They always advertise as private person not company and want to pay you cash.
    As I read many other reddits cash is often earn illegaly (e.g. robbery, stealing cars, selling drugs).