Should you cash out your house? Is it a trap you’ll regret for years to come?
There has been a massive increase in the number of “we buy houses” websites and amateur real estate investors sending out letters, putting up bandit signs on the side of the road, and even knocking on doors in an attempt to convince homeowners to sell.
The vast majority are the result of real estate gurus and reality TV shows about how to flip and wholesale houses. Larger corporations have recently attempted to enter the game of buying houses cheap and reselling them for a profit. Some are experienced, but many others have not yet purchased a home.
