Virginia Rehab & BRRRR Loans provide business-purpose real estate investors with Up to 85%–90% LTC + 100% Rehab Escrowed across loan amounts from $100,000 – $15,000,000+ at 9.25% – 11.25% (Bridge Phase) -> 6.50%+ (DSCR Takeout) (12-Mo Rehab Bridge + Seamless 30-Yr DSCR Refi, 620+ FICO min FICO, 7 – 12 Business Days close). In Virginia (VA), lenders underwrite to a Non-Judicial (Deed of Trust Trustee Sale) statutory framework (45–65 days-day average timeline), a 0.8% average property tax rate (~$277/mo at the $415,000 state median), and $490/$100K hazard insurance (~$169/mo).
Investor rehab loans are engineered for the Buy, Rehab, Rent, Refinance, Repeat (BRRRR) strategy—funding up to 90% of purchase and 100% of renovation costs, then transitioning into a 75% LTV 30-year fixed DSCR cash-out refinance as soon as work is complete and the property is leased.
Median 1–4 unit price of $415,000 (75% LTV = $311,250) with Form 1007 rent of $2,980/mo and multifamily rent of $1,720/door.
Virginia operates under a Non-Judicial (Deed of Trust Trustee Sale) regime (45–65 days days). Lenders require ALTA lender's title endorsement, LLC Good Standing, and 6 months PITIA liquidity reserves.
Close in your Virginia LLC or Delaware LLC registered in VA with zero personal tax returns, W-2s, or 4506-C transcripts.