Baltimore City Real Estate Investing

Hard Money Lenders in Baltimore City, Maryland

Baltimore City offers plenty of opportunities for investors, from rowhome rehabs in Park Heights to rentals in Canton and larger projects across Southwest Baltimore. Whatever the strategy, having the right financing can make all the difference.

Pimlico Capital has funded thousands of projects throughout the city, offering short-term bridge loans for purchases and renovations and long-term DSCR loans for rentals.

Baltimore Inner Harbor skyline at dusk
2,300+Deals closed in Baltimore City
$152kMedian loan in city
10+Years lending experience
Baltimore City at a Glance

Know Your Baltimore Neighborhoods

Baltimore City is made up of very different neighborhoods, and the type of investment opportunity can change quite a bit from one area to the next.

Map of Baltimore City neighborhoods
AREAWhat Investors May Find
Park Heights / NorthwestLower entry prices and value-add opportunities
Patterson ParkRowhomes, rentals, and strong neighborhood appeal
Hamilton / LauravilleSingle-family homes, rowhomes, and affordable rental opportunities
Southwest BaltimoreAffordable rowhomes and rental opportunities
Hampden / RemingtonRenovated rowhomes, rentals, and value-add opportunities
Canton / Brewers HillHigher-priced rowhomes, rentals, and renovated properties
Federal Hill / Locust PointHigher-value rowhomes and established rental markets
Charles Village / WaverlyRowhomes, rental properties, and proximity to Johns Hopkins
Your Investment Strategy

What Are You Planning to Do With the Property?

Whatever the strategy, we can help you structure the financing around the deal.

Fix & Flip / Bridge

Buy → Renovate → Sell
  • Up to 90% LTC and 75% of ARV
  • 100% of the approved rehab funded
  • 6-12 month terms, extensions available
  • Same-day draws
  • $75K-$3M loan amounts
Explore Bridge Loans →

Buy & Hold (30-Year DSCR)

Buy → Rent → Hold
  • Up to 80% LTV on purchase and rate-and-term refi
  • Qualify on the rent, not personal income docs
  • $75K-$1.5M per property
  • Portfolio loans available
Explore Rental Loans →

BRRRR

Buy → Rehab → Rent → Refi
  • Start with a bridge loan
  • Purchase plus rehab financing
  • Refinance into a 30-year DSCR loan
  • Hold with long-term rental financing
Explore the BRRRR Strategy →
Local Rules

What Baltimore City Investors Should Know

  • Rental licenses don't transfer with the property. Since 2026, a new owner must apply for a new rental license within 60 days of taking ownership, even if the property was already licensed.
  • Lead certification needs to stay current. Pre-1978 rental properties have additional lead registration and certification requirements, including biennial renewal and certification when tenants change.
  • Property registration comes first. Non-owner-occupied properties must be registered with Baltimore City's DHCD within 10 days of taking ownership and renewed annually.
  • Ground rent can be redeemed. Most older Baltimore City rowhomes subject to ground rent can have the ground rent redeemed by the property owner under Maryland law.
  • Tax sale isn't just about unpaid taxes. Certain city liens can contribute to a property's tax-sale balance, so check for outstanding municipal charges before closing.
Baltimore City

Recently Funded

Take a look at some deals Pimlico Capital recently funded in Baltimore City, MD

Renovated blue corner rowhome near Patterson Park in BaltimorePatterson Park70% LTV
$263k
Baltimore City
Rental Loan
Cash-Out Refi
Stone-front rowhomes in Broadway East, BaltimoreBroadway East6 Property Portfolio
$999k
Baltimore City
Rental Loan
Refinance
Brick porch-front rowhomes in Edmondson Village, BaltimoreEdmondson VillageBRRRR Deal
$170k
Baltimore City
Bridge → Rental
Cash-Out Refi
Common Questions

Baltimore City Lending FAQ

Do you lend on Baltimore rowhomes with ground rent?
Yes. We regularly finance Baltimore City rowhomes with ground rent. Some DSCR loans may require the ground rent to be redeemed, so we often recommend starting that process when you purchase the property rather than waiting until the refinance.
What do Maryland's lead paint rules mean for a Baltimore rental?
Pre-1978 rentals have additional lead registration and certification requirements. Before Baltimore City will issue a rental license, the property must meet the applicable Maryland lead requirements, including a current risk reduction certificate. Certification also needs to be maintained when tenants change and renewed every two years.
Do you offer 30-year DSCR loans in Baltimore City?
Yes. About half of what we close in Baltimore City is a 30-year DSCR rental loan. DSCR loans qualify on the property's rent rather than your personal income, work for rowhomes held in an LLC, and pair with a bridge loan when the plan is buy, renovate, rent, and refinance.
What types of Baltimore City properties do you finance?
We primarily finance single-family homes and rowhomes, along with select duplexes, small multifamily properties, and other investment properties. Financing depends on the property, your investment strategy, and the specifics of the deal.
Are Baltimore City rentals subject to special requirements?
Yes. Baltimore City has its own rental registration, licensing, inspection, and lead requirements. Non-owner-occupied properties must be registered with the city, and rental properties need the appropriate license before being rented.
What should I check before buying a Baltimore City investment property?
Look beyond the purchase price and projected rent. Check for ground rent, rental licensing and registration, lead certification requirements, outstanding city liens, and any property-specific issues that could affect your closing or renovation timeline. Doing this due diligence early can help prevent surprises after you close.
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