Raising private capital to acquire, renovate, and operate residential investment properties. Part 2

The Moonlight Real Estate Side Hustles and Syndications Show · Jun 18, 2026 · 37m

Most investors won't touch Baltimore.

Peter Neal sees 13,000 vacant homes and a massive opportunity.

🎙️ Peter Neal | GSP REI

Workforce Housing Operator | Capital Raiser | Fund Manager

Part 2 — Buy Box. BRRRR Discipline. Capital Strategy.

Their model is precise.

All in at $130,000 or less per property.

ARV target of $185,000 minimum.

Seventy percent loan-to-value refi.

Cash recycled back into new acquisitions.

Rinse. Repeat.

This is not a hunch.

This is a system.

Why Baltimore

Unemployment near historic lows.

One of the fastest growing GDPs of any major metro in the country.

Proximity to…