Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Virginia Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago on . Most recent reply

User Stats

46
Posts
5
Votes
Daniel Ferster
  • Flipper/Rehabber
  • Portsmouth, VA
5
Votes |
46
Posts

Refinancing (BRRRR) in Virgnia - whose offering the best terms?

Daniel Ferster
  • Flipper/Rehabber
  • Portsmouth, VA
Posted

As the subject line inquires, who do you think is offering the best refinancing options for BRRRR investors in Virginia or more specifically, in Hampton Roads? I can pretty easily get 75% LTV with a 6 month seasoning period from small banks and large national companies.

I was wondering if anyone was getting better terms? Maybe 80% LTV or no seasoning periods?

**Virginia Beach, Chesapeake, Hampton, Portsmouth, Suffolk, Newport News, Norfolk**

Most Popular Reply

User Stats

42
Posts
19
Votes
Michael Snead
  • Newport News, VA
19
Votes |
42
Posts
Michael Snead
  • Newport News, VA
Replied

I’d be interested in hearing this too.

I know Langley FCU was advertising 100% LTV HELOC’s at 3.6% for 30 years fixed. But I’m sure that is only primary residence and the property probably has to meet certain criteria.

All I know is Langley is VERY cash heavy right now. I just got an auto Loan at 1.7% haha.

Loading replies...