Baltimore financing/bank recommendations

[Brad Cogswell]

Hey all,

With some flips currently active, we are switching our focus to doing a couple of purchases and rehabs for buy and hold, in addition to one or two smaller multifamily value add deals.

I'm going to be speaking with banks this week and next, but wanted to see if anyone had any lenders they would recommend. Would likely need a commercial lender for both of these types of projects, and want to see what the typical time period for title seasoning requirements (obviously the lower the better).

If anyone has someone they'd recommend, I'd really appreciate a nod in the right direction.

Thanks, and as always let me know if there's anything I can help you out with.

Brad

[Tim Youse]

@Bobby Montagne

What are you terms for hard money? My current source is 12% and 3 pts with max length of 12 months, 65% LTV. I'm trying to find one that is at or better than 10% and 2 pts.