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Updated almost 6 years ago on . Most recent reply

Logan Greg's profile image
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Logan Greg
  • Realtor
  • from Maryland
  • Member since May 5, 2016
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Logan Greg's profile image
Logan Greg's profile image
Logan Greg
  • Realtor
  • from Maryland
  • Member since May 5, 2016
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Logan Greg
  • Realtor
  • Maryland
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Starting Out

Best way to secure financing on a rental property in Baltimore MD

Logan Greg
  • Realtor
  • Maryland
Posted

I am looking to buy some rental properties in the Baltimore MD. I have credit score of 760 and would be able to put 20% down on the property but I do not have the income history. What is the best way to go at securing financing.

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Yannik Cudjoe-Virgil's profile image
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Yannik Cudjoe-Virgil
  • Rental Property Investor
  • from Baltimore, MD
  • Member since Aug 3, 2016
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Yannik Cudjoe-Virgil's profile image
Yannik Cudjoe-Virgil's profile image
Yannik Cudjoe-Virgil
  • Rental Property Investor
  • from Baltimore, MD
  • Member since Aug 3, 2016
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Yannik Cudjoe-Virgil
  • Rental Property Investor
  • Baltimore, MD
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Yannik Cudjoe-Virgil
  • Rental Property Investor
  • Baltimore, MD
Replied

You can find lenders that would be willing to lend on stated income. However, in Baltimore 95% will require the property to be at least 100k Value 

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