Pimlico Capital
Baltimore, MD
Direct Hard Money Lender for Real Estate Investors
Pimlico Capital is a direct lender, not a broker, for real estate investors in the Mid-Atlantic and New York metro area. We offer several different short-term loan products: Fix & Flip, Rentals, Bridge Loans, and Commercial Real Estate.
- No formal appraisals for short-term loans
We do in-house valuations and drive to all subject properties - Short-Term Loans offered in the DMV Region plus Philadelphia, New Jersey and New York City
- Long-Term Rental Loans offered Nationwide
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
SHORT-TERM LOANS
When it comes to flipping properties, the traditional route can be difficult and slow. With Pimlico, the experience is different. We believe in simple and straight forward loans, such as our Fix & Flip loan, which gives you an “all in one” program to help you acquire, rehab and quickly sell a property.
With our Fix & Flip loans, you’ll not only receive acquisition funds, you’ll also have access to construction funds for the approved construction budget. We understand your need to finish the project and get the property back on the market quickly. With our streamlined online draw request process, you’ll receive the funds for your draws quickly.
Loan Requirements
- For Individuals and Business Entities
- Maximum LTV 70% (Finished Value)
- Minimum Down Payment 10%
- Personal Guaranty
Standard Loan Terms
- Interest Rates Starting at 7.95%
- $0 Processing Fee
- $0 Underwriting Fee
- 6 to 18 Months Loan Terms
LONG-TERM RENTAL LOANS
If you need long term funding for your residential rental properties, we have you covered. Our online application can be filled out in a couple of minutes and we will immediately provide you with several different rate options for your refi. Rates start as low as 5.125% and we can offer up to 80% LTV of the appraised value. From start to finish, most of our loans close in about 3 weeks. See why Pimlico Refinance is the number 1 choice for real estate investors.
- Single Family Home to Quadplex
- Up to 80% LTV of appraised value
- Get up to four different rate options
Property Types
- 2-4 Units Residential
- Auto Dealership
- Auto Repair
- Car Wash
- Commercial Land
- Condominium
- Gas Station
- Healthcare
- Hotel
- Industrial
- Mixed-Use
- Mobile Home Park
- Motel
- Multifamily
- Office
- Parking Lot
- Portfolio of Residential Properties
- RV Park
- Residential Land
- Retail
- Single Family Residence
- Storage Facility
Loan Types
- Private Money
- Hard Money
- Residential Bridge
- Residential Fix and Flip
- Residential Rehab and Rent
- Residential Long-Term Rental
Land Types Considered
- Residential Land
- Multifamily Land
- Industrial Land
- Office Land
- Retail Land
- Hospitality Land
- Covered Land
Will Consider Land That is NOT Entitled
noMax LTV for Land
50%Max LTC for Land Acquisition
50%Max Loan-to-Purchase Price
90%Borrower Must Have Property Under Contract
yesWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Subject Property
- Equity in Another Investment Property
- Seller Financing
- Family
Experience Required
noMinimum Number of Value-Add Projects Completed by Borrower
0Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
100%Typical Number of Days for Funds Draw
1Maximum After Repair Value
70%Minimum Loan Amount
$55,000Maximum Loan Amount
$2,000,000Minimum Interest Rate
5.125%Maximum Interest Rate
6.5%Minimum Origination Fee
1.5%Maximum Origination Fee
3%Minimum Loan Term
360 monthsMaximum Loan Term
360 monthsMinimum Debt Service Coverage Ratio
1.20Will Lend on a Portfolio of Properties
YesMinimum Number of Properties
2Maximum Number of Properties
20Minimum Property Value
$100,000Fees which are mandatory for all new borrower clients
- Legal Fee
- Renovation or Construction Funds Draw Fee
Pimlico Capital Testimonials
"I love working with Victor and the Pimlico, the team was great! Victor really helped me to get the job done under budget and on time right after finishing the project we had an offer within two weeks. I am looking for my next property and looking forward to working with Pimlico again."
Russell W.
"The whole team at Pimlico Group was absolutely amazing. Very fast process, no fine print to uncover, and they were very hands on. I was a first time borrower; therefore Victor and his team took the time to walk me through the process piece by piece. They were very responsive. I look forward to closing many more deals with this group."
Keara H.
"Pimlico team is the best lender in my opinion. I have worked with them on several deals and they have exceeded my expectations. They have the best team, that understands the life and challenges of Real Estate investors. I would recommend them to other investors."
The Gatira Family
"A job well done us a team work a very positive attitude and a hard working people they put their best for your benefit and I will do it 100 times my deal with them."
Aaron E.
"I LOVE working with Pimlico Group! Working with Aron and Victor has opened up a new line of dialogue and assistance to me with Real Estate Investing! I find them very approachable and easy to talk to. They make sure we steer clear of BAD deals and are on track to make money! Their honesty and integrity make working with them tremendous! Love men of their word and Aron and Victor are two men of their word!"
Kathryn O.
"I have been doing Real Estate Investing for 25 years and a Lender that will work with me is one of the most critical needs of my business. Victor and Aron were always available if i needed to discuss a problem or needed to restructure parts of the loan. Though I did not always get everything I wanted Victor and Aron worked with me to find a solution that worked for both of us. I was able to complete my project ahead of time and made a profit. Thank you for your service and I look forward to working with you again in the future."
Rapahel C.
"Aron and Victor were great to work with on my rehab loan in Baltimore City. Professional, quick, and efficient the whole time. Were able to fund within a couple weeks and worked with me through a refinance process that took longer than expected. Great guys, great business."
Dereck H.
"As a first time flipper, Pimlico provided me with great service. Victor's mentorship was invaluable. He was very transparent and the knowledge I gained through the process was priceless. Most importantly, the leaders of Pimlico (Victor and Aron) are honest people. I would recommend Pimlico to anyone looking for hard money lender."
Ronnie H.
"Pimlico Group is Number one in Baltimore Hard Money, closing is a snap with this lender Victor and Aron extremely reliable and honest. They are the best."
Gary K.
"quick turn over, very friendly, great to do business with. Highly recommended"
Amit B.
"Victor and Aron are a dream team to work with. I won’t use anyone else."
MickTK
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Stay Informed About Private Lending
Pimlico Capital is a hard money lender based in Baltimore, Maryland. We are a direct lender (not a broker) and leading provider of hard money financing in all 50 states.
Our team has real estate investor experience and knows what it takes to be successful in today’s competitive market. We work hard to build long lasting relationships by earning our clients’ trust, which is achieved through our transparent and straightforward lending process.
While there is no shortage of capital options for today’s real estate investor, if you want reliability, professionalism, and ultimately a superior lending experience, please contact us. We look forward to introducing you to the next level in real estate investment lending. Our pre-approved process is easy and painless.
Office Locations
600 Reisterstown Road, Suite 602, Baltimore, MD 21208Our Team
Get In Touch
Stay Informed About Private Lending
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Our Minimum Loan Amount Is
$55,000
What We Do
- Residential Investment Properties
- Bridge, Rehab, Flip, Long-Term Rental
- Flip LTP up to 90% + 100% Rehab Costs
- 10% Cash Required for Purchase
- LTV up to 70% for Short-Term Loans
Not Available
- NO Owner-Occupied Homes
- NO 100% Financing or Gap Loans
- NO Land Loans
- NO Ground-Up Construction
- NO Rural Areas