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Maryland Rehab Lenders for Residential Rental Property
Are you looking to rehab and hold residential rental properties in Maryland? On this page you'll find a list of lenders that provide financing to help investors execute the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy throughout Maryland. You typically need some cash for the purchase (15% to 20%), some cash reserves in case the rehab goes over budget, and a FICO score over 680 to qualify for the long-term refinance. The maximum loan-to-ARV for most lenders in Ohio is 75%, but it could be lower depending on the rental income, credit score and other factors.
Most rehab lenders only consider properties in Southern MD, but some also lend in Northern MD. Click the button below if the subject property is in the Baltimore metro area:
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Real Property Investment Partners
NO APPRAISAL REQUIRED. Providing institutional-grade lending with a local presence.
Aggressive Pricing & Excellent Service for Bridge, Rehab, Rental, Construction Loans