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Outside investors are buying up homes in Baltimore’s low-income and Black neighborhoods

October 28, 2022

Brian Leibowitz eyes the newcomers on the courthouse steps with skepticism. They come every Thursday to bid on foreclosed homes at public auctions, pulling up properties on their cellphones and raising their hands if they see a deal that looks good on paper. Leibowitz, the director of acquisitions for a Baltimore real estate company, knows that making money here takes more than just adding up numbers.

Article Source: Baltimore Sun

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