1227 E Lanvale St
Baltimore, MD 21202 • Active foreclosure / rehab townhouse
This is the strongest non-auction Baltimore value-add screen in the new pack. It is a 3BR/3BA, 2,400-SF foreclosure that previously sold for $310,000 in 2023 and now needs repairs. The spread is meaningful only if the rehab remains controlled.
The numbers that matter
| Current ask / basis | $99,900 |
| Recommended max screen | $85K-$95K depending on scope |
| Value / ARV screen | $220K-$270K |
| Rehab / reserve | $70K-$100K |
| Rent screen | ~$2,200-$2,350/mo |
| Estimated investor cash | ~$30K-$45K with bridge leverage |
| Primary strategy | Flip / BRRRR |
| Street View / block screen | Street View unavailable on one major portal; listing/block context reviewed |
How I would screen the financing
Bridge / fix-and-flip first because the listing says standard financing is unlikely. Many institutional rehab lanes begin around 650 FICO, with leverage tied to experience, scope and ARV.
Rule: minimum FICO and maximum leverage are not assumed to occur in the same file. Property condition, experience, reserves, DSCR, state and loan amount can materially change the terms.
Block context is part of the underwriting
A direct Street View image was unavailable through the listing source used for this review. The property sits in an established East Baltimore rowhouse environment. Before final offer, an investor should perform an in-person block drive or current map/street-image review.
Deal-breaking diligence
- The prior $310K sale does not equal today's ARV; current comps must support the exit.
- Property will not qualify for standard financing in current condition.
- Ground rent and title details need confirmation.
- The 2,400-SF size makes scope creep expensive if mechanical systems or structure are worse than expected.
Go back to the source.
The Deal Desk screen is a starting point. Verify current status, property condition, title, taxes, occupancy, legal use, rents, Street View / block context and any auction rules directly from the public source and local professionals.
“A good deal can survive conservative numbers and a street-level reality check.”Dr. Rob • Deal Desk
Want to pursue 1227 E Lanvale St?
Send the deal through the funding console. I will have the property, strategy, credit range, liquidity and experience in one clean packet.