I have seen RE investors during 2008-2011 and now, they mostly behave same way, grab the opportunity.
You remember that my ARM locked home, finally decided to sell to avoid keeping ARM risk.
We have 11 offers (listed low) out of which 9 are investors with 40% to 100% cash down level. I Never expected full cash offer, but it came. The last two offers were from primary seekers and they were no way near the high cash offers.
This is nice 10k lot and easy to expand,but I do not have sufficient cash and time to take 12-18 months to build a new home or extension. At this stage, I can not provide any more clue, even the city or location. The buyer has lot of cash on his side to make it work. When he puts on sale, he will get primary home offers. I am pretty sure he will make 250k easily.
I saw similar comments from elt1 recently investors are bidding a lot. True, I realized the same.