25 🚫🐝Baltimore sells $1 houses in effort to combat vacant home crisis🚫🐝 (www.foxbusiness.com) posted 43 days ago by Irishman4Trump6 43 days ago by Irishman4Trump6 +25 / -0 Baltimore sells $1 houses in effort to combat vacant home crisis City officials in Baltimore approved a program that would sell vacant homes for just $1 to people willing to renovate the dilapidated homes. 7 comments share 7 comments share save hide report block hide replies
Individuals/Families pay $1.
Nonprofits with fewer than 51 employees would pay $1,000
Property Developers and Nonprofits with over 51 employees would pay $3,000
So in essence I’d expect the vast majority of the 200 homes on the docket will go to Developers more than likely.
I think I would set up a number of non-profits with under 51 employees, buy the houses then merge them into my giant real estate non-profit.
Make Baltimore Detroit Again ?