Hard-Money Loans in Virginia
Real estate has always been a popular investment, and Virginia has historically been a desirable place to invest. The state's rich history and scenic beauty make it a coveted destination for both vacationers and retirees. It boasts one of the fastest-growing regions in the country, and development is booming. Get started today!
Virginia Loan ApplicationInvestment Properties in Virginia
At a time when many investment opportunities are uncertain, real estate remains a strong choice in Virginia.
Virginia offers a wide variety of employment opportunities, thanks to its strong economy and location in the D.C. metro area. The rental and real estate markets will pull workers to certain areas from businesses out of state. That being said, Virginia still is home to major industries including defense, technology, and tourism. The US Army, Hilton, DXC Technology, General Dynamics, SGS, and Safran are all headquartered in Virginia, providing many jobs in the state. In addition, Virginia is home to several major universities, which also offer a large number of employment opportunities. If you're looking for a state with a strong economy and plenty of job options, Virginia is a great place to start your search.
Short term returns through property flipping can be attractive if you have an undervalued property, with an average home sale price of $447,700. Longer term investments in rental properties can generate more than $1,342 per unit in revenue each month. Alternatively, you could buy one of more than 11,352 empty lots for a new construction to build something from the ground-up! Virginia has it all.
That's not all. Virginia is a state with a rich history and plenty of tourist attractions to keep visitors entertained. From the Aquarium and Marine Science Center in Virginia Beach to the Luray Caverns in the Shenandoah Valley, there is something for everyone to enjoy. In addition, Virginia is home to several important historical sites, such as Yorktown, where the final battle of the American Revolutionary War was fought. Busch Gardens Williamsburg is also a popular destination, offering rides and entertainment for all ages. tourism is an important part of the Virginia economy, and the state offers a variety of activities to suit every interest. Whether you're looking for a relaxing vacation or an action-packed adventure, Virginia has something to offer.
A look of the Virginia demographics reveals that 14.6% of residents are between the ages of 25 and 34, 17.0% are between 35 and 44, and 34.3% are over 44 years old.
Invest in the future of Virginia with real estate. LSM can help you!
Virginia offers a wide variety of employment opportunities, thanks to its strong economy and location in the D.C. metro area. The rental and real estate markets will pull workers to certain areas from businesses out of state. That being said, Virginia still is home to major industries including defense, technology, and tourism. The US Army, Hilton, DXC Technology, General Dynamics, SGS, and Safran are all headquartered in Virginia, providing many jobs in the state. In addition, Virginia is home to several major universities, which also offer a large number of employment opportunities. If you're looking for a state with a strong economy and plenty of job options, Virginia is a great place to start your search.
Short term returns through property flipping can be attractive if you have an undervalued property, with an average home sale price of $447,700. Longer term investments in rental properties can generate more than $1,342 per unit in revenue each month. Alternatively, you could buy one of more than 11,352 empty lots for a new construction to build something from the ground-up! Virginia has it all.
That's not all. Virginia is a state with a rich history and plenty of tourist attractions to keep visitors entertained. From the Aquarium and Marine Science Center in Virginia Beach to the Luray Caverns in the Shenandoah Valley, there is something for everyone to enjoy. In addition, Virginia is home to several important historical sites, such as Yorktown, where the final battle of the American Revolutionary War was fought. Busch Gardens Williamsburg is also a popular destination, offering rides and entertainment for all ages. tourism is an important part of the Virginia economy, and the state offers a variety of activities to suit every interest. Whether you're looking for a relaxing vacation or an action-packed adventure, Virginia has something to offer.
A look of the Virginia demographics reveals that 14.6% of residents are between the ages of 25 and 34, 17.0% are between 35 and 44, and 34.3% are over 44 years old.
Invest in the future of Virginia with real estate. LSM can help you!
✓ Just a few of the locations we service - Norfolk, Virginia Beach, Arlington, Chesapeake, Hampton, Newport News, Richmond, Fredericksburg, Alexandria, Lynchburg, Roanoke, Charlottesville
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Loan Summary Information for Virginia
Getting the right funding in Virginia can be challenging but we can help; Lend Some Money (LSM) offers private money for real estate, built for your local investment needs in Virginia. Whether you flip houses, or are interested in building a new home to sell, or a rental for the long term, LSM has a product that can help. We are one of the premier hard money lenders in Virginia. Read on to learn more about our current offerings in Virginia.
| Loan Products | FICO | $ Loan | Term | Rate | Points |
|---|---|---|---|---|---|
| FIX&FLIP (BRIDGE) | 620+ | $75K+ | 12-24 Mos | 10.25%+ | 2-4 |
| RENTAL (1-4) | 660+ | $75K+ | 30-Yrs | 7.59%+ | 1-4 |
| RENTAL (5+) | 680+ | $250K+ | 30-Yrs** | 7.89%+ | 2-5 |
| NEW CONSTRUCT | 650+ | $75K+ | 12-24 Mos | 10.89%+ | 2-4 |
All loans must be used for non-owner occupied properties purchased for investment. Commercial properties are not eligible for lending unless they are mixed use and comprise at least 50% residential use.
** 30 Years 5, 7, 10 or interest only