i FUND CITIES - Fast Rental Loans for Baltimore, Maryland, Real Estate Investors
i Fund Cities is an alternative, non-bank, private money lender providing fast, flexible, reliable, and investor-friendly financing to real estate investors in and around Baltimore, Maryland. If you are investing near Baltimore and you need investment funding for purchase only, new construction, rehab, cash-out or rate and term refinance, BRRRR, short-term Rental, build to rent, or otherwise, then give us a shout!
Rental Loan Rates as Low as 5.25% in Baltimore, Maryland
i Fund Cities’ Rental Loans get you fast, flexible, and reliable funds for your next Baltimore, Maryland real estate property investment!
What Makes Our Baltimore, Maryland Rental Loans So Awesome?
Hey Baltimore, Maryland investors! Need a Kick A$$ Rental Loan?
Rental Loans in Baltimore, Maryland
What are i Fund Cities's current Rental Loan rates in Baltimore, MD?
i Fund Cities offers Rental Loan rates as low as 5.25%.
Word of caution: do not believe the low rate marketing gimmicks you see out there in the lending world. Rates are always determined by the following criteria:
Real estate asset Investor experience Investor credit score Investor liquidity
Can you provide an example of how Rental Loan numbers might work in a deal?
Sure! Here’s what a Rental Loan breakdown would look like:
- Purchase price $100,000
- i Fund Cities can lend you up to 80% LTV so ...
- Total loan amount would be $80,000, which is above our minimum loan value of $75,000
What length of loan terms does i Fund Cities offer for Rental Loans in Baltimore, MD?
i Fund Cities offers Rental Loans with 30 Year Fixed, 7/1, 5/1 Fixed/ARM terms.
Do you lend on both a property purchase and the repairs for Rental Properties in Baltimore, MD?
Yes. We lend 100% of the construction financing and up to 80% of the purchase price of the asset in and around Baltimore, MD.
What property types does iFC offer Rental Loans for in Baltimore, MD?
We offer Rental Loans on the following property types:
- Single Family Residences
- Short-Term Rentals
Are there any exceptions to property types for your Rental Loans?
We do not fund properties in Baltimore, MD that are designated as “rural.”
Does iFC have a minimum credit score for Rental Loans in Baltimore, MD?
Yes. For Rental Loans, we require a minimum FICO score of 640.
Does iFC have minimum and maximum loan amounts for Rental Loans?
What states does iFC lend in?
Can I borrow from iFC if I am from another country?
iFC can provide Rental Loans to both U.S. Citizens and Foreign Nationals.
What documents do you need from me for underwriting Rental Loans in Baltimore, MD?
For Rental Loans in Baltimore, MD, our underwriting process is less extensive than a traditional bank’s. We also make it as transparent and straightforward as possible.
- Contact info for Buyer (and Guarantors), and Title, and Insurance Companies
- Loan Application + Driver’s License
- Agreement of Sale or Deed
- Property Leases
- Buyer’s Real Estate Experience/History
- Project/Entity Information
- 2-Month’s Bank Statements
- ACH Wire Transfer Info and W-9
Do you do an appraisal for Rental Loans in Baltimore, MD?
Do I need a business entity to get an iFC Rental Loan in Baltimore, MD?
Is there a prepayment penalty?
Our prepayment penalties are as follows:
- Zero or
- 5-year (5%, 4%, 3%, 2%, 1%)
- 3-year (3%, 3%, 3%)
Can I (or a friend or family member) live in my Rental property?
As the borrower, you are not able to live in the property. However, a family member can occupy your Rental Property in Baltimore, MD.
Rental Real Estate Market in Baltimore
Baltimore, MD, Key Indicators Like “Average Home Price” for Rental Properties
Be a Rental Pro in Baltimore: Free 85+ Item Construction Checklist
Average Days on Market (DOM) Data for Baltimore, MD, Rental Properties
Real Estate Inventory Data for Baltimore, MD, Rental Properties
Key Growth Factors in the Baltimore Real Estate Market
Commercial: Baltimore businesses include diversified industries such as Health and Medical, Tourism and Hospitality, Technology, Manufacturing, and Professional Services.
Economy: The development of Baltimore’s top companies and industries will continue to be key drivers in the growth of the city’s real estate market.
Education: Graduates from local Baltimore schools, as well as those from nearby schools and universities, provide a foundation for the growth of the city’s businesses and industries.