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Updated almost 7 years ago on . Most recent reply

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

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.