If you’re looking to invest in lucrative properties in Maryland, Do Hard Money can help you get a hard money loan fast for your next REI deal or refinance property in the Old Line State.
Do Hard Money will approve your asset-based loan completely by assessing the property not you as the borrower. A true hard money lender will base your loan approval on the investment property and the overall quality of the deal. Once we’ve evaluated the property, the LTV (loan to value) ratio of the deal will determine your loan amount. This loan amount, combined with our gap funding resources, can make it possible for you to get 100% Financing on your deal.
Maryland Hard Money Loan Terms
What Kind of Funding Is Available?
Up to 100% Financing Available
We fund up to 70% of the ARV
Minimum ARV of $70,000
No minimum loan amount
Maximum loan amount $250,000
Loan term 5 months
What Will It Cost?
Interest starting at 1.25% per month
Origination starting at 5.5%
No monthly payments
No and low cash to close options available
Gap financing allowed
No pre-payment penalty
Why Use DoHardMoney?
Full disclosure at time of loan offer
Proprietary foreclosure protection
No experience required
No minimum credit score required
Simultaneous deals allowed
I got great support. The staff is super and I’m proud to be your client.
* DHM does not guarantee that each or any particular deal funded will result in profit
Maryland Real Estate Market Statistics (2015)
One of the original thirteen colonies of the U.S., Maryland is rich in historical landmarks and beautiful scenery. Maryland is one of the smallest states in the U.S. and also one of the most densely populated states due to the gorgeous landscapes and safe neighborhoods. Maryland has experienced a 23% increase in house flipping and home values have risen 3% over the past year alone. The timing couldn’t be more ideal to invest in Maryland properties, as home prices are rising steadily in the most popular neighborhoods. According to Baltimoremagazine.net, “The number of communities with rising prices and quick sales are increasing.” If you act quickly, you’ll be able to find a great deal for a low price in Maryland and – due to the rising prices – be able to sell it quickly for an excellent profit.
Number of Houses Flipped
% Change in Houses Flipped
About Hard Money Loans in Maryland
We hear that something called Old Bay Seasoning is kind of a big deal out there in Maryland — like a miracle spice that can make practically any kind of food taste better. Is that true? Maybe some day the rest of us will get to find out what were missing.
Real estate investors who havent used hard money loans yet dont know what theyre missing, either. Thats because hard money loans have specific advantages that make them perfect for real estate investing deals.
First of all, if your credit score is low or if you lack your own capital to get into a deal, Maryland hard money loans might be the only kind of loan that can make it happen for you. True hard money loans are equity-based loans. Loan approval is based on an evaluation of the subject property and the overall deal, so bad credit is no problem.
At DoHardMoney, we have gap financing partners that make it possible for us to offer 100% financing on deals that qualify, making it possible for Maryland investors to get in and out of deals with no money down. For many investors — especially new and first time investors — hard money loans make it possible for them to get their start in REI.
Once weve approved your loan by evaluating the investment property, well calculate the loan-to-value ratio (LTV) based on the after repair value (ARV) of the property.
In addition to rehab loans for real estate flipping, we also offer home refinance loans through our hard money lending services.
Real Estate Investing in Maryland
Bust out the John Waters movies and the crab crackers! Its time to celebrate!
Maryland has benefited from a healthy real estate market for years, especially when it comes house flipping. Investors there have worked hard to generate big profit numbers on their deals, and it doesnt look like its stopping any time soon.
Take a look below at a list of Maryland cities and counties where DoHardMoney can offer its Maryland hard money loans:
Aberdeen, Accokeek, Adelphi, Allegany County, Annapolis, Anne Arundel County, Arbutus, Arnold, Aspen Hill, Ballenger Creek, Baltimore, Baltimore County, Bel Air North, Bel Air South, Beltsville, Bethesda, Bladensburg, Bowie, Brooklyn Park, California, Calverton, Calvert County, Cambridge, Camp Springs, Cape St. Claire, Carney, Caroline County, Carroll County, Catonsville, Cecil County, Charles County, Chesapeake Ranch, Estates-Drum Point, Cheverly, Chillum, Clinton, Cloverly, Cockeysville, Colesville, College Park, Columbia, Coral Hills, Crofton, Cumberland, Damascus, Darnestown, District 10, Funkstown, District 3, Hagerstown, District 3, Leonardtown, District 3, Middletown, District 5, Queenstown, District 7, Cresaptown/Bel Air, District 8, Dorchester County, Dundalk, East Riverdale, Easton, Edgemere, Edgewood, Eldersburg Elkridge, Elkton, Ellicott City, Essex, Fairland, Fallston, Ferndale, Forest Glen, Forestville, Fort Meade, Fort Washington, Frederick, Frederick County, Friendly, Frostburg, Gaithersburg, Garrett County, Garrison, Germantown, Glen Burnie, Glenarden, Glenn Dale, Greater Landover, Greater Upper Marlboro, Green Haven, Green Valley, Greenbelt, Hagerstown, Halfway, Harford County, Havre de Grace, Hillcrest Heights, Hyattsville, Jessup, Joppatowne, Kemp Mill, Kent County, Kettering, La Plata, Lake Arbor, Lake Shore,Langley Park, Lanham-Seabrook, Lansdowne-Baltimore Highlands, Howard County, Largo, Laurel, Lexington Park, Linganore-Bartonsville, Linthicum, Lochearn, Londontowne, Lutherville-Timonium, Marlow Heights, Marlton, Maryland City, Mays Chapel, Middle River, Milford Mill, Mitchellville, Montgomery County, Montgomery Village, Mount Airy, Mount Rainier, New Carrollton, North Bethesda, North Kensington, North Laurel, North Potomac, Ocean City, Ocean Pines, Odenton, Olney, Overlea, Owings Mills, Oxon Hill-Glassmanor, Parkville, Parole, Pasadena, Perry Hall, Pikesville, Potomac, Prince Georges County, Queen Annes County, Randallstown, Redland, Reisterstown, Riverdale Park, Riverside, Riviera Beach, Rockville, Rosaryville, Rosedale, Rossville, Saint Marys County, Salisbury, Savage-Guilford, Severn, Severna Park, Silver Spring, Somerset County, South Gate, South Kensington, South Laurel, St. Charles, Suitland-Silver Hill, Takoma Park, Talbot County, Temple Hills, Towson, Travilah, Waldorf, Walker Mill, Washington County, Westminster, White Marsh, White Oak, Wicomico County, Woodlawn, Woodmore, Worcester County, and more.