BRRRR In Baltimore City: Looking for information only

[Aaron Simon]

Hello Bigger Pockets community, this is my first post to the forum, and I am excited to be here.

My business partner and I have built a small portfolio of properties in the last few months in Baltimore City.  We are looking to start rehabbing some properties and renting them long term, however we have hit a snag finding what we were hoping for in terms of investor loans.  So far we have been paying cash, but we would like to leverage our cash as best we can. 

We were hoping to be able to refinance for 75% of our ARV. When researching doing the BRRRR method, we thought that might be possible/ a main part of the strategy.

1)Is 75% of ARV reasonable for refinance?

2)Has the lending situation drastically changed recently and how?

****Please do not reply with specific lenders or loan deals or anything, I am just looking for information to confirm it is possible or not.  

Have a great day and thanks for your time!