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Updated 5 months ago on . Most recent reply

User Stats

4,576
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
4,414
Votes |
4,576
Posts

Best West Virginia Investment Property Loans (Hard Money-DSCR) - Easy Street Capital!

Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Posted

Easy Street Capital is proud to be a leading private lender for the Mountain State! We offer industry leading Hard Money and DSCR Loans for every type of West Virginia Real Estate Investor. Easy Street Capital is the investment property loan provider for real estate investors of all experience levels and specialties, including popular strategies such as Short Term Rentals, Fixing and Flipping and the BRRRR Method! Our West Virginia DSCR Loans are perfect rental loans for the long-term real estate investor looking for cash flow. Our West Virginia Hard Money Loans are ideal for renovators looking to add value through rehabs or ground-up construction!

Check out the rest of this West Virginia Investment Property Loans page for all the information you need on our loan programs. Check out recently funded rental loans, information on all of our loan programs, FAQs, market analysis and more!

West Virginia remains a favorite among real estate investors seeking both cash flow and appreciation. The state’s robust and diversified economy, coupled with a growing population and breathtaking natural beauty, make it an attractive destination for year-round visitors. At Easy Street Capital, we take pride in being a trusted provider of investment property loans , supporting real estate investors in building their rental portfolios in the Mountain State!

Investment Property Loan Types

In West Virginia, investors can explore a range of markets and investment property loan options. The state offers numerous vintage properties with immense potential, awaiting renovators to revive them to their former glory. These properties present exciting opportunities for investors to restore and unlock their value in the beautiful landscape of West Virginia. For investors adept at rehabbing older properties, hard money renovation loans are a perfect choice! These loans allow you to buy a property quickly and fund your renovation costs too! Once completed, you can either “flip” the property for a quick return or pursue the BRRRR Method by renting it out and then refinancing into a long-term, low-rate DSCR loan!

Investment property loans can be a useful tool for real estate investors, particularly when purchasing turnkey rental properties. The term "turnkey" refers to properties that are already rental-ready and require no further renovations. Move-in ready single-family and multi-unit homes, as well as fully furnished short-term rentals, can generate both cash flow and price appreciation. Long-term DSCR loans are generally fixed rate for thirty years, allowing investors to lock in a fixed interest rate while rents and appreciation continue to increase over time. This can be a powerful way to steadily build wealth through real estate investing.

Where To Invest In Real Estate In West Virginia

West Virginia stands out as a highly favorable state for landlords in 2024. It boasts the lowest annual property tax liability in the entire nation, with homeowners paying just $812 on average.

West Virginia serves as a bridge between the Mid-Atlantic and Appalachian regions, making it an attractive state for investors seeking exposure to both areas. Charleston, the capital and largest city, offers a diverse and growing economy. Morgantown, home to West Virginia University, is a vibrant college town with a strong rental market. Huntington, situated along the Ohio River, is the second largest city in the state. Wheeling, located in the northern part of the state, presents opportunities for short-term rentals with its rich history and scenic attractions. Finally, Berkeley Springs, renowned for its mineral springs and charming atmosphere, offers a promising market for vacation rentals.

Read The Full Article Here!



Are you a Property Manager, Full-Scale Mortgage Broker (including Conventional, Non-QM) or Investor-Friendly Real Estate Agent in West Virginia? We are looking for trusted professionals in West Virginia to refer our investor borrowers too! Comment or DM me to discuss, and we can potentially feature you on our website!

  • Robin Simon
  • [email protected]
  • Most Popular Reply

    User Stats

    50
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    JonPaul Kessinger
    • Property Manager
    • Bridgeport WV
    17
    Votes |
    50
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    JonPaul Kessinger
    • Property Manager
    • Bridgeport WV
    Replied

    Hey, @Robin Simon, I would love to connect; I just shot you an email. I am an Investor, PM, and Realtor who works solely with investors. I am located in central WV (Bridgeport, Morgantown, Weston, and Clarksburg areas). I have several investors, including myself, who would love to hear more about the products you can offer!

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