Baltimore County Real Estate Investing

Hard Money Lenders in Baltimore County, Maryland

Whether you're buying a rental in Towson, rehabbing a townhouse in Parkville, or taking on a larger project in Dundalk, financing can make or break the deal.

As hard money lenders in Baltimore County, Pimlico Capital has funded more than 300 deals here since 2019. Our short-term bridge loans cover the purchase and the renovation on a fix and flip, and our long-term DSCR loans are there when you are ready to hold the property as a rental.

Semi-detached home with brick and siding on a residential street in Baltimore County
300+Deals closed in Baltimore County
$190kMedian loan in county
10+Years lending experience
Baltimore County at a Glance

Baltimore County Isn't One Market

Baltimore County gives investors a lot of different markets to work with.
A deal in Dundalk looks very different from one in Pikesville, and the numbers that make a rental work in one area may not work in another.

AREAWhat Investors May Find
Dundalk / EssexLower entry prices and value-add opportunities
Middle River / RosedaleA mix of rentals, townhomes, and single-family homes
Parkville / Perry HallHigher price points and established neighborhoods
TowsonStrong rental demand and proximity to the university
PikesvilleHigher-value properties and different rental economics
Owings Mills / ReisterstownSuburban rentals and newer housing stock
Map of Baltimore County with its main towns labeled, from Reisterstown and Cockeysville to Essex and Dundalk
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 County Investors Should Know

  • Rental licensing. Baltimore County has its own rental licensing requirements, separate from Baltimore City. Every rental needs a license, or an exemption license, before a tenant moves in.
  • Towson University rental restrictions. Certain properties within one mile of Towson University's main campus face additional rental licensing restrictions.
  • Property inspections. Rental properties are subject to county inspection requirements, with the process varying based on the property.
  • Closing requirements. Baltimore County requires specific documentation for property transfers, including a lien certificate, so it's worth getting ahead of county requirements before closing.
Baltimore County

Recently Funded

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

Two-story townhouse rental in Reisterstown, MarylandReisterstown, MDBRRRR Deal
$240k
Baltimore County
Bridge → Rental
Cash-Out Refi
Stone and siding house in Towson, MarylandTowson, MD100% Construction Funded
$392k
Baltimore County
Bridge Loan
Fix & Flip
Brick multifamily rental building in Essex, MarylandEssex, MD3 Property Portfolio
$365k
Baltimore County
Rental Loan
Refinance
Common Questions

Baltimore County Lending FAQ

Do I need a rental license in Baltimore County?
Yes. Baltimore County requires rental properties to be registered and licensed, or to have an exemption license. The property must be registered and licensed before a tenant moves in.
Are there special rental restrictions near Towson University?
Check the block before you go to contract. Baltimore County will not issue a new rental housing license for a home within one mile of the Towson University main campus if 30 percent or more of the residential properties on that block, or in that neighborhood, already hold an active license. A few narrow exceptions exist, and the law is set to repeal itself on June 30, 2029.
How is Baltimore County different from Baltimore City for investors?
Baltimore County generally has higher property values and a different mix of investment opportunities than Baltimore City. Our median Baltimore County loan is $189,650, and the county leans more toward rental investing, with 59% of our county loans being 30-year DSCR loans. The rules are different, too. Baltimore County has its own rental licensing and inspection requirements, separate from Baltimore City.
Do you offer 30-year DSCR rental loans in Baltimore County?
Yes. DSCR loans are the larger half of our Baltimore County book. They qualify on the property's rent rather than your personal income, cover purchases and refinances from $75,000 to $1.5 million per property, and portfolio loans are available for multiple rentals.
How long does it take to close a loan in Baltimore County?
Bridge loans typically close in 5-10 business days, with faster closings possible when a deal requires it. Our 30-year rental loans typically take 3-4 weeks, depending on the appraisal, title work, and other closing requirements.
What types of properties can Pimlico finance?
We finance investment properties including single-family homes, townhouses, duplexes, and small multifamily properties. Our bridge loans can also accommodate certain mixed-use properties. Loan eligibility depends on the property, your investment strategy, and the specifics of the deal.
Explore Other Markets
Local Insights

From the Blog: Maryland

Browse the Blog
No credit pull. No commitment.

Have a Baltimore County Deal in Mind?

Get an instant, no-obligation rate quote in 60 seconds or less.

Get Your Rate