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So there could be a few angles, all angles are you likely getting less for the convenience.
One angle is that the contract they offer gives them the right to back out and to sell the contract to someone else, typically refered to as wholesaling. Their goal is to offer you say $150k and attempt to sell it for $200k to someone else. And if that fails, they cancel the deal and walk away.
Another angle is they are a flipper and think they can make a profit regardless of the shape. They'll still do an inspection to make sure there isn't anything major.
If they reached out to you, their margin will be tighter because they want to be in the area. If you reached out to them, their margin will be larger because you might be desperate for cash.
If you talk to them, they will pressure you into signing a contract, but it would be worth it to find a real estate attorney to review the contract and be on your side.