Most of these loans won't work for very distressed properties - you may be better off buying those cash very cheap, fixing them up, and then taking cash out.  

I have a land listing located within a "Qualified, Severely Distressed" New Markets Tax Credit (NMTC) Program census tract.

Primary focus will be SFH, $100-$200k price range, off the MLS (Distressed Properties, REO) with the intent to flip.

I personally wanted to buy a single family home, preferably in foreclosure and/or in distress and fix it up as my first home but found that every realtor I spoke with was not willing to put the time into helping guide me through that process. 

There is no way I would pay an assignment fee before I know the title is clear....sellers in distressed situations are typically not informed about the details of their property...including unrelated tax issues...or liens.

-Fuquan Bilal and his book, "Turning Distress into Success" and all his NNG podcasts.

I started to consistently d4d after work, handwriting letters to distressed properties and looking to post bandit signs.

Many of these distressed owners do not know what these issues look like and with that knowledge you can make a decent deal a great one. 

You have some distressed homes, you have livable homes with low-trim level, you have highly renovated properties with high-trim level, and now you have new construction homes with high-trim levels.

They did this by placing the underlying assets (such as the promissory note delivered by the borrower on a project) into a trust so that the assets are insulated from the financial distress of RealtyShares.