Baltimore, MD Lender Recommendations

[Brian S.]

Hello all,

I am an experienced investor and real estate agent in the Baltimore area. I'm in the refinance stage for my latest project and am considering changing lenders. Does anyone have any recommendations for local lender (or at least someone familiar with the market)?

I know there's a ton of them out there, so I would be particularly interested in hearing from the folks who have worked with lenders to completion and had a good experience.

Thank you.

[Kyle Deutschmann]

Quote from @Eric Smith:

Quote from @Brian S.:

Hello all,

I am an experienced investor and real estate agent in the Baltimore area. I'm in the refinance stage for my latest project and am considering changing lenders. Does anyone have any recommendations for local lender (or at least someone familiar with the market)?

I know there's a ton of them out there, so I would be particularly interested in hearing from the folks who have worked with lenders to completion and had a good experience.

Thank you.

 Currently live and work in DC - was curious about Baltimore area since people are practically giving away properties there. Which side are you investing on and are you doing BRRRs, turnkey, or section 8? 

 Who is giving away properties? Can I have one haha? I have lived all over the 'safe' parts of Baltimore... Locust Point, Ridgely's Delight, Pigtown, Riverside, and now Canton. My girlfriend also lived in Mount Vernon when we met, so I've also spent time there. Property values have been on a steady rise near the harbor since the 90s (when they were truly giving away properties...)

Houses in safe neighborhoods are great spots for house hacks, rentals, BRRRs, etc. I do not personally deal with Section 8, but there are a lot of investors in the Maryland Investors Network on Facebook that do that. If you learn how to deal with it... supposedly it can be a good/safe long term strategy since the government is essentially guaranteeing part of your rental income.