Northeast Ohio Coverage

Hard Money & DSCR Loans in Cleveland

Cleveland's basis-to-rent ratios are among the strongest in the country. We fund the BRRRR and DSCR plays that work.

Pimlico Capital funds bridge and 30-year DSCR rental loans across Cleveland and surrounding Cuyahoga County. The city's combination of low entry price points and steady rental demand makes it one of the strongest BRRRR and cash-flow markets in our footprint. Asset-based underwriting, no personal income verification on bridge, no W-2 docs on DSCR.

Get a Quote for a Cleveland Deal Call (410) 855-4600
Downtown Cleveland, Ohio skyline
Cleveland
Photo: Erik Drost, CC BY 2.0
5–7 daysTypical close on Cleveland bridge deals
70% LTVUp to, with 100% rehab funding
10+Cleveland neighborhoods we know
Loan Products Available in Cleveland

What We Fund Here

Both of our core products are available in Cleveland to investors and entities (LLCs, corps, trusts). No owner-occupied loans.

Short-term

Bridge & Fix-and-Flip

  • Up to 90% of purchase, 100% of rehab
  • 6–18 month terms, extensions available
  • Close in as little as 5–7 business days
  • $75K minimum, $3M maximum
Bridge loan details →
Long-term

30-Year Rental (DSCR)

  • Up to 80% LTV on purchase or rate & term refi
  • 30-year fixed amortization
  • No personal income documentation
  • $75K – $1.5M per property, portfolio loans available
DSCR rental details →
Neighborhoods We Know

Cleveland Neighborhoods We Fund

Active book and on-the-ground knowledge — fix-and-flip, BRRRR, and 30-year DSCR holds across Cleveland.

Tremont

Walkable arts district just south of downtown. Active flip market with strong ARV ceilings.

Ohio City

Historic district with steady investor demand. Mix of rehab and rental holds.

Detroit Shoreway

West-side rental and flip territory. Strong rent-to-price spreads.

Slavic Village

Block-by-block BRRRR market. We know which streets comp and which don't.

Old Brooklyn

Workforce-housing DSCR territory. Steady tenant demand at attractive basis.

West Park

Family-oriented neighborhood. Bungalow flips and DSCR holds.

Glenville

Value-add territory on the east side. Earlier-stage deal sizes.

Collinwood

Active rental and BRRRR market. Strong DSCR fundamentals.

Lakewood

First-ring suburb. Higher price points, premium rental demand.

Cleveland Heights & Shaker Heights

Established eastern suburbs. Larger lot sizes, period-correct rehab premium.

Local Expertise

What we actually know about Cleveland

A non-exhaustive list of the Cleveland-specific things we deal with every day.

  • Cleveland's lead-paint registration requirements and lead-safe certification.
  • Cuyahoga County tax-lien and sheriff-sale processes.
  • Cleveland's vacant property registration and code enforcement.
  • Lakewood and Cleveland Heights rental registration requirements.
  • Ohio LLC titling with the Secretary of State.
  • Section 8 voucher payment standards across Cuyahoga County.

Why local knowledge matters

A national lender with a call center won't know that a Cleveland deal has its own underwriting quirks. We've closed thousands of deals across our footprint — and we've learned from every local curveball.

See real deals →
Common Questions

Cleveland Lending FAQ

Do you lend in Cleveland?
Yes. Cleveland is one of our active Ohio markets. We fund both bridge / fix-and-flip and 30-year DSCR rental loans across Cuyahoga County.
Do you fund Slavic Village and Glenville deals?
Yes — but we underwrite block-by-block, not at the neighborhood level. If you have comps that work and an exit that's realistic, we can fund it.
Can I get a DSCR loan on a Cleveland duplex or triplex?
Absolutely. Small multifamily (2–4 units) is a strong fit for our 30-year DSCR program. Cleveland's basis-to-rent ratios on duplexes are some of the best in our footprint.
How fast can you close in Cleveland?
We typically close Cleveland bridge loans in 5–7 business days. Local title and inspection partners help us move quickly.
Do you fund Section 8 rentals in Cleveland?
Yes. Our 30-year DSCR program is a strong fit for stabilized Section 8 properties across Cuyahoga County.
Do you fund deals that need lead-safe certification?
Yes. We work with investors who are completing or have completed Cleveland's lead-safe certification process. We can underwrite the certification timeline into the rehab schedule.
How It Works

From first call to funded.

1

Submit the deal

Get a quote online or call us. We'll size the deal in 24 hours.

2

Underwriting

Our in-house team underwrites with local market knowledge, not a scoring algorithm.

3

Close & fund

5–10 business days for bridge, 3–4 weeks for 30-year rental.

Investor Education

From the Blog

Investor playbooks — bridge, DSCR, BRRRR, and rehab fundamentals — from our team. See every market we serve on our Where We Lend page.

Ready to close a deal in Cleveland?

Get a quote in 24 hours or call us right now.

Get a Cleveland rate Call (410) 855-4600

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