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.

A prudent investor doesn't seek quick riches through shortcuts.

They are highly recommended by two investors in the PGH area.

If the borrower already was foreclosed on, how are they still in the property and available to do the deal?

Get architect into the house when you are in escrow, get all drawings and site visit done while in escrow along with prep to submit once you close 2.

I want to say its like a C neighborhood (not sure if there's an actual site that'll tell you more accurately).He already has a team in place and I'm pretty much just taking over his property and its pretty stable.

And I don't know anyone more tied in to the corporate housing market than Elaine Quiroz.

Feel free to shoot me a message and we can talk through what has and hasn't worked for us in the Lubbock market and come up with a strategy to get it rented so you can stop eating those holding costs every month.Cheers!

All except one sold for the highest price point at the time of sale.

If you do want to go this route, make sure that the underwriting of the investment property pays back both its mortgage and the monthly HELOC.