It seems like they are always applying for funding from CDBG (community development block grants) or HUD grants to fund their purchases and rehabs.I have been looking for a way to bridge the private side of our business (HMLs,) with the public side (tax credits, etc) It seems like you mentioned that you have done that before.

But some of those who used to lend are still in the private money lending business and doing better than ever.If you are a real estate investor, there is a need to have quick access to loans when presented with an opportunity.

In addition, how would you get access to the development?

You "download" it to your hands in order to have access.

Lenders often access the data base called the AVM.

In the area within one block many single family and duplexes have sold for between $15,000 and $30,000.

They have moved around the block and still come to the house so i know i can get in contact with them and I know the area.

Congratulations on becoming debt free and paying off your mortgage on your primary residence.Have you saved any money in an IRA or A 401K that is accessible for use in your investments?

I live 12 blocks away from the building and would manage it myself.So, wise people, assuming the future looks like today, what would be a steal of a deal for this property?

Here in WA I have an old cinder block buiding built around 1954 and county appraiser has it valued over a million dollars.