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What do you you think about companies fronting money for cash deals on houses?

Asked by JLeslie (65447points) December 20th, 2021 from iPhone

Here’s the article about it. https://apple.news/Aog4yfEMuS2qVDq6KOeG1JA

Some housing markets in the US are extremely competitive and to buy a house your offer needs to be very attractive, and mostly that means writing up the offer as a cash offer.

There are companies that are offering to buy the house for you, fronting the cash.

It seems like a possible house of cards. What do you think?

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