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Updated about 4 years ago on . Most recent reply

User Stats

4
Posts
6
Votes
Damon Lloyd
  • Investor
  • Baltimore, MD
6
Votes |
4
Posts

Baltimore, MD Real Estate Investing

Damon Lloyd
  • Investor
  • Baltimore, MD
Posted

Hello all, I am Damon Lloyd and I reside in Baltimore, MD. I am fairly new to the real estate investment game (studying for the past two months). 
I have some knowledge of the area and I can see the potential of buying, renovating (minimal if possible), and renting properties in Baltimore. 

My reason of writing this post is this: Do banks commonly loan out for inner-city properties for investment purposes? I am not sure about how banks view city properties and lending out to certain areas. ALSO, for investors that are currently in Maryland, I would love to network and form a relationship!

Thank you all for the help, Damon

Most Popular Reply

User Stats

106
Posts
128
Votes
Stephen Predmore
  • Rental Property Investor
  • Baltimore, MD
128
Votes |
106
Posts
Stephen Predmore
  • Rental Property Investor
  • Baltimore, MD
Replied

@Damon Lloyd Hi Damon, I'm a newer investor myself with one deal under my belt and working on my 2nd.  I posted about my 1st deal here:  

https://www.biggerpockets.com/forums/850/topics/861566-my-first-baltimore-buy-and-hold-investment?highlight_post=5267942&page=1

My favorite resource has been the 'Maryland Investors Network' Facebook group.  Lots of good content on this very active group.

As for local banks which are investor-focused, I would try Scott Freitag with Eastern Savings.

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