I'm piloting a new construction program that's building a generational style home 6 bedroom 4 bathroom, 2500 sq ft house in a class B/C area.

This criteria is for 1-4 and 5-8 unit programs.

Long story short, we settled with one of our VIPs for $72k they put up a non refundable the same day.

I'm considering taking the route of applying to be an EDEN Housing Program eligible property. 

I went to a learn-on-the-site program that our local REIA had recently.  3BR/3BA house, owner is probably in 145K after fix up (I know the purchase price, don't know what was spent to get it ready after purchase) and a handful of years later it's now worth 190K. 

These borrowers are typically out of the market for extended periods of time, have limited contacts in the debt world, lack understanding of how different loan programs work, and are susceptible to working with the one bank / credit union loan officer that they know through their family, friends, church group, college, etc.

Then a few days later got another email asking if we wanted to invest in another note program!!   

I went to someone who was considered a reputable broker and he said he had a great new program.

@Christopher MillerDid you take his program?

However, the City initiated the "Buy Into Baltimore" open bid program (which we're interested in participating) through which you can bid/buy city-owned abandoned/vacant properties for redevelopment/resale.The problem is, there are so many blighted neighborhoods in Baltimore, it's tough to know where to start.