As a hard money lender, we are as local as we can be. We only lend in Maryland, Washington DC and Virginia. Why not to expand? – you’ll ask. There are several reasons. For starters, we believe that real estate investing is a local business. The further you stray from home, the less likely you are to understand risks. As a hard money lender in Maryland, we know the pros and cons of each neighborhood. We can effectively advise our borrowers on their potential rehab costs, construction permitting issues and how much time they might need to sell their rehab.
Investing in Maryland Real Estate
Today I want to talk in more detail about how to form an LLC in Maryland. As a hard money lender in MD I cannot emphasize enough the importance of protecting your profits and assets by not doing business in your personal name. You can read about all detailed reasons in our previous blog “Hard Money Lenders Love LLCs. Here is Why You Should Too,” but here is a quick summary.
Summer is the most active real estate season and the time when real estate prices peak. It can literally make or break the entire year. This summer was strong in the DC area. Prices remained stable and in some areas increased. What does it mean for real estate investors like you and I? Perhaps most importantly, how can we capitalize on those trends and make money by using hard money loans in Maryland?
Maryland real estate offers a unique opportunity to build wealth. As a lender writing hard money loans in Maryland for over ten years we see four top reasons to invest here: income stability, diverse price range, continuing price appreciation and rental opportunities in certain neighborhoods.