Real Estate Investor · Vancouver, WA · Member since 2009 · 47 posts · 0 votes
Does anyone know if the government would give grants to fix up some of these cheap homes and put people in them? Just thought I would throw that out there. It seems a shame to have so many empty homes.
Check with your local government. Most governments were given money through Neighborhood Stabilization Program (NSP). Each municipality is given control on how they distribute these funds. Some allow investors to purchase homes with thier own money and then allow them to apply for grants to fix the homes up. These homes have to be foreclosures. Other governments are the direct buyers of these homes and they will allow contractors to bid on the work to be performed