Skip to content
UNITEDLENDING

Investment property loans · Baltimore City, MD

Hard money, fix and flip and DSCR loans in Baltimore, MD

Baltimore deals usually start with a rowhouse. Investors buy dated or vacant rows to rehab and resell, keep renovated ones as licensed rentals, and look at the larger Victorian rows and brownstones near Druid Hill Park for small multifamily layouts. Because the city tracks vacant building notices and runs its own rental licensing, a property's title, permit and license history matters as much as the rehab budget.

Get my termsCompare loans
  • No credit pull to start
  • About a minute
  • A loan officer calls you

Where investors buy

Neighborhoods investors look at in Baltimore

Brick rowhouses have been Baltimore's main house type since the early 1800s, and tens of thousands still line its streets, many refaced with formstone, a facing patented in 1937. The stock runs from small 19th-century mill and railroad rows to the marble-trimmed and daylight rowhouses of the 1910s and 1920s, with larger Victorian rows and mansions facing Druid Hill Park.
HampdenFounded in 1802 as housing for Jones Falls mill workers, its original stock is small two-story brick and stone rowhouses plus larger stone houses built for managers, and with little land left to develop, much of the activity is rehabilitation.
RemingtonRowhouses dominate, with a building peak from 1914 through the 1920s that produced marble-trimmed rows and daylight rows with a window in every room; Hampden and Johns Hopkins border it to the north and Charles Village to the east.
PigtownRowhouses that grew up beside the B&O Railroad yards starting in the 1830s, many with 1950s formstone over the original brick fronts, plus newer townhomes along the neighborhood's eastern edge.
Reservoir HillOrnate Victorian mansions overlooking Druid Hill Park, brownstones and smaller brick rows, part of it a National Register historic district, where restoration efforts on its large older houses are under way.
HighlandtownA blue-collar neighborhood founded in 1866 as a mostly German village and annexed by the city in 1919, inside the Patterson Park-Highlandtown Historic District, whose buildings date from the late Victorian era onward.

Loan programs

Loans for Baltimore real estate investors

Pick the loan that fits the deal: short-term money to buy, renovate or build, or a long-term loan to hold the property. Published limits are subject to appraisal and underwriting.
Long-term

DSCR rental loans in Baltimore

30-year loans for Baltimore rentals of 1–4 units, fixed or adjustable, qualified on the rent with no personal income verification: up to 85% of the price on a purchase, with loans from $75,000.

Purchase LTV up to85%
Term30 years
Income docsNot required
Loans from$75K

Subject to appraisal and underwriting.

DSCR loans: terms and requirements
Short-term

Fix and flip loans in Baltimore

Buy and renovate in Baltimore with up to 95% of the price and 100% of the rehab budget, on a 12–18 months interest-only loan with no prepayment penalty when the house sells.

Purchase price up to95%
Rehab funded up to100%
Term12–18 months
Prepayment penaltyNone

Subject to appraisal and underwriting.

Fix and flip loans: terms and requirements
Short-term

Bridge loans in Baltimore

Close quickly on a Baltimore property with up to 95% of the cost financed and a 12–18 months interest-only term, then sell it or refinance onto a long-term loan. No prepayment penalty.

Leverage up to95% LTC
Term12–18 months
PaymentsInterest only
Prepayment penaltyNone

Subject to appraisal and underwriting.

Bridge loans: terms and requirements
Short-term

Ground-up construction loans in Baltimore

Financing for new builds in Baltimore, from spec homes built to sell to rentals built to hold. Every project is quoted on its plans, budget and builder.

Quoted on your deal.

Construction loans: get a quote
Long-term

Multifamily and commercial loans in Baltimore

Financing for Baltimore apartment buildings of five units or more, mixed-use and commercial property, quoted on the building's income.

Quoted on your deal.

Multifamily and commercial: get a quote

Good to know

Before you buy in Baltimore

Local rules and costs that change a deal's numbers or closing date in Baltimore and Baltimore City. Sources are listed at the bottom of the page.
  • Budget for Baltimore City's 1.5% transfer tax and its recordation tax of $5 per $500 (1%), on top of Maryland's 0.5% state transfer tax. Deals over $1 million also owe the city's yield tax, which adds 40% of the city transfer tax and 15% of the recordation tax.
  • Check for a Vacant Building Notice on the city's CoDeMap and on the lien sheet before settlement. Clearing one takes permitted rehab work and a final Use and Occupancy permit, owners can be fined $1,000 for not removing it, and under Council Bill 21-0078 sellers must disclose a VBN in the sales contract.
  • Plan for a new rental license on every rental you buy. Under the Strengthening Renters' Safety Act, in effect since January 1, 2026, licenses no longer transfer with a sale and the buyer needs a new one within 60 days; the application needs a passing inspection by a Maryland-licensed inspector registered with the city and current lead certification for each unit.
  • Check title for a ground lease. Maryland requires holders of residential ground leases on properties with four or fewer units to register them with the State Department of Assessments and Taxation (SDAT), so confirm the registration, the rent amount and who collects it before you close.

Get your terms

Have a Baltimore property in mind?

Contact details first, then single-tap answers on the property, the amount and when you need to close. A loan officer phones you back with terms.
  • About a minute to fill in
  • No credit pull to start
  • A loan officer calls you back
  • Investment property only

Rather talk now? (718) 704-0499

Step 1 · About a minute in allNo credit pull

Your contact details

By pressing “Get my terms”, I agree that United Lending may contact me about this inquiry, and I accept the Terms of Use and Privacy Policy.

United Lending LLC offers business-purpose financing secured by non-owner-occupied investment real estate. We do not offer loans for personal, family or household purposes, or loans on owner-occupied primary residences.

Questions

Loans in Baltimore: common questions

Do you offer hard money loans in Baltimore?

Yes. United Lending LLC offers private real estate financing for investors in Baltimore and the rest of Baltimore City: fix and flip and bridge loans sized on the deal, and DSCR rental loans sized on the rent. We're headquartered in Brooklyn, New York, and lend nationwide.

Do you offer DSCR loans in Baltimore?

Yes. Our DSCR loans are 30-year loans on 1–4 unit rentals, fixed or adjustable, qualified on the property's rent against its monthly payment with no personal income verification, up to 85% loan-to-value on a purchase and loans from $75,000. Investors use them for rentals in Hampden, Remington and Pigtown, among other parts of Baltimore.

How much can I borrow for a Baltimore flip?

Up to 95% of the purchase price and up to 100% of the rehab budget, on a 12–18 months interest-only loan. Those are maximums, subject to appraisal and underwriting: the property, your experience and the comps set what your loan gets.

Is there a prepayment penalty on a loan in Baltimore?

There's no prepayment penalty on fix and flip or bridge loans. DSCR rental loans come with a choice of prepayment terms, from none up to five years, set out in your written terms before you commit.

Do I need to live in Baltimore or have a Maryland LLC?

No. You can borrow in your own name or through an LLC, wherever you live; many of our borrowers invest outside their home state. If your LLC was formed outside Maryland, your loan officer will tell you what's needed before closing.

Maryland

More places we lend in Maryland

Sources (18)Checked November 9, 2026

United Lending's loan terms are its published program limits. The local rules and costs on this page come from the public sources below, checked on the date shown; confirm them with the city, county or your closing attorney before you rely on them.

  1. Baltimore City Code Art. 28, Sec. 16-1 (recordation tax, $5 per $500)
  2. Baltimore City Code Art. 28, Sec. 17-2 (transfer tax, 1.5%)
  3. Baltimore City Code Art. 28, Sec. 17.1-2 (yield tax over $1 million)
  4. Baltimore City Code Art. 28, Sec. 17.1-1 (yield tax scope)
  5. Maryland Tax-Property Sec. 13-203 (state transfer tax 0.5%)
  6. Department of Legislative Services, County Tax Rates FY 2022 to FY 2027
  7. Baltimore City DHCD, Buying a rehabbed home (Vacant Building Notices)
  8. Baltimore City DHCD, Rental licensing
  9. Baltimore City DHCD, Strengthening Renters' Safety Act
  10. Maryland Real Property Sec. 8-701 (Department means SDAT)
  11. Maryland Real Property Sec. 8-702 (ground lease registration scope)
  12. Maryland Real Property Sec. 8-704 (ground lease registration with SDAT)
  13. Wikipedia, Architecture of Baltimore
  14. Wikipedia, Hampden, Baltimore
  15. Wikipedia, Remington, Baltimore
  16. Wikipedia, Pigtown, Baltimore
  17. Wikipedia, Reservoir Hill, Baltimore
  18. Wikipedia, Highlandtown, Baltimore