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Updated over 6 years ago on . Most recent reply

Sebastian E.'s profile image
Sebastian E.'s profile image
Sebastian E.
  • Flipper/Rehabber
  • from Berkeley Springs, WV
  • Member since Jul 3, 2017
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151
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96
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Sebastian E.'s profile image
Sebastian E.'s profile image
Sebastian E.
  • Flipper/Rehabber
  • from Berkeley Springs, WV
  • Member since Jul 3, 2017
Connect
Sebastian E.
  • Flipper/Rehabber
  • Berkeley Springs, WV
96
Votes |
151
Posts
Buying & Selling Real Estate

Portfolio Lender for Baltimore SFH potfolio

Sebastian E.
  • Flipper/Rehabber
  • Berkeley Springs, WV
Posted

I am looking for a portfolio lender for a portfolio of 4 SFHs in Baltimore. I'd like some recommendations on some local banks / credit unions who I can approach about lending 70% LTV on the pool. Also, on these kinds of loans, will lenders require that I season the rental for a period of time before I can take out the loan? Any guidance on this would be most appreciated.

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Sebastian E.'s profile image
Sebastian E.'s profile image
Sebastian E.
  • Flipper/Rehabber
  • from Berkeley Springs, WV
  • Member since Jul 3, 2017
Connect

User Stats

151
Posts
96
Votes
Sebastian E.'s profile image
Sebastian E.'s profile image
Sebastian E.
  • Flipper/Rehabber
  • from Berkeley Springs, WV
  • Member since Jul 3, 2017
Connect
Sebastian E.
  • Flipper/Rehabber
  • Berkeley Springs, WV
96
Votes |
151
Posts
Sebastian E.
  • Flipper/Rehabber
  • Berkeley Springs, WV
Replied

There are 4 properties that will be owned outright. Value of the properties is 40k each (160k total) looking to pull out 110k.

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