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Updated almost 5 years ago on . Most recent reply

Albert Ellis's profile image
Albert Ellis's profile image
Albert Ellis
  • Flipper/Rehabber
  • from Baltimore, MD
  • Member since Feb 6, 2019

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24
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19
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Albert Ellis's profile image
Albert Ellis's profile image
Albert Ellis
  • Flipper/Rehabber
  • from Baltimore, MD
  • Member since Feb 6, 2019
Albert Ellis
  • Flipper/Rehabber
  • Baltimore, MD
19
Votes |
24
Posts
Baltimore Real Estate Forum

Lending for Single Family under contract @ $74,200 in Baltimore ?

Albert Ellis
  • Flipper/Rehabber
  • Baltimore, MD
Posted

Looking for a 30 year fixed rental loan or hard money loan for a single family property currently under contract in Baltimore at $74,200. Tenant is moving out at the end of July. Looking to put down no more than 15% if possible. 

Baltimore, Maryland
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Ulric Donawa's profile image
Ulric Donawa's profile image
Ulric Donawa
  • Lender
  • from Maryland
  • Member since Jan 20, 2016

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31
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15
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Ulric Donawa's profile image
Ulric Donawa's profile image
Ulric Donawa
  • Lender
  • from Maryland
  • Member since Jan 20, 2016
Ulric Donawa
  • Lender
  • Maryland
15
Votes |
31
Posts
Ulric Donawa
  • Lender
  • Maryland
Replied

Albert,

I agree with Matthew. Real Estate investment financing under $100K and 0ver 70% LTV are hard to come by. Suggest friends and family or seller financing. Many sellers will take back a note for the right terms.

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