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

[Robin Simon]

Easy Street Capital is proud to be a leading private lender for Virginia! We offer industry leading Hard Money and DSCR Loans for every type of 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 Virginia DSCR Loans are perfect rental loans for the long-term real estate investor looking for cash flow. Our Virginia Hard Money Loans are ideal for renovators looking to add value through rehabs or ground-up construction!

Check out the rest of this 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!

Real Estate investors looking for returns from both cash flow and appreciation continue to head towards Virginia for investment properties. Old Dominion is loved by real estate investors due to many factors including a strong diversified economy, booming population and natural beauty that drives year-round visitors! Easy Street Capital is proud to be a leading provider of investment property loans for real estate investors looking to build rental portfolios in Virginia!

Investment Property Loan Types

When it comes to real estate investing in Virginia, there are many markets and types of investment property loans to choose from. Virginia has a lot of older properties with great bones, but in need of renovators to restore them to their former glory. 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 Virginia

Virginia is a large historical state in the mid-Atlantic and includes everything from urban markets in the north, rural historical towns in the middle and beachfront locales on the ocean. Virginia Beach is the state’s largest city and a popular tourist destination on the coast. Richmond is the capital of the state and the fourth most populous city. Arlington is a major suburb of the nation’s capital and home to a strong defense industry. Charlottesville is a historical city in the middle of the state and home to the University of Virginia. Finally, Norfolk is the third largest city and cultural center of the Tidewater region.

Virginia Beach

Virginia Beach is a beautiful city located on the southeast coast in the Commonwealth of Virginia. It is home to a diverse range of industries, including international headquarters, defense contractors and other locally owned businesses. Major employers include GEICO, VT, and Navy Exchange Service Command. The city’s unemployment has been cut in half in the past years, making it attractive for long and short-term rentals. According to the latest US Census Bureau, the population of Virginia Beach grew by 4.02% from 2020 to 2022. This was higher than the national average, indicating a steady increase in demand for rental properties.

Virginia Beach is also a sought-after tourist destination, renowned for its abundant attractions and scenic coastal beauty along the Atlantic Ocean. Visitors flock to notable landmarks such as the Virginia Beach Boardwalk, Cape Henry Lighthouse, and the vibrant Neptune Festival. The city’s delightful resort area, featuring sandy beaches and a bustling atmosphere, further enhances its allure. Additionally, Virginia Beach hosts a variety of exciting events throughout the year, including the East Coast Surfing Championships and the American Music Festival. These festivities attract a significant number of tourists, generating a strong demand for short-term rentals and vacation homes in the area.

The city is also located near the Oceana Naval Air Station. The Oceana Naval Air Station is home to all East Coast strike fighter jets, driving potential for medium term rental investors. Medium term stays, typically between 1-3 months, are popular in Virginia Beach. The personnel flying planes for the Oceana Naval Air Station are potential tenants for medium-term rentals. These visiting pilots and aviation professionals often require accommodation for extended periods, making them ideal medium-term rental tenants. Additionally, Virginia Beach’s appeal as a bayfront town attracts numerous visitors during the summer season, including those associated with the Naval Air Station.

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

[Robin Simon]

Recent Easy Street Capital Hard Money Loans (Fix and Flip Loans) and DSCR Loan Fundings!

💵Just Funded💵
$442,016 Hard Money Loan on a Fix And Flip project in Front Royal, Virginia! Repeat Easy Street borrower comes back again for this Virginia Flip - big renovation planned to bring this 1950-vintage 4/2.5 back to its former glory!

💵Just Funded💵
$220,500 Cash-Out Refinance DSCR Loan on a Single Family Rental in Roanoke, Virginia! Roanoke is a historic city in southwest Virginia featuring tremendous natural beauty of the Roanoke River and the Blue Ridge Mountains!

💵Just Funded💵
$247,500 Refinance Rental Property Loan (DSCR Loan) on a single family rental in Suffolk, Virginia! Nestled in a nice PUD (planned unit development) - this property offers a large rental home + amenities such as a parks and a clubhouse to attract quality tenants!

💵Just Funded💵
$1,462,500 Massive DSCR Cash-Out Refinance Loan on a Stunning Short Term Rental in Moneta, Virginia! Team of successful and prolific real estate investors (4 Partners 25% each in an LLC) take cash-out of this nicely cash-flowing STR to continue expanding portfolio!

💵Just Funded💵
🧊BRRRR Loans🧊
$231,200 Hard Money Loan for a BRRRR Strategy Project (Buy➡️Rehab➡️Rent➡️Refinance➡️Repeat) in Portsmouth, Virginia! Repeat Easy Street borrower just completed a successful BRRRR with us (including the DSCR Refi), on to the next one!

[Robin Simon]

More Easy Street Capital successfully funded Virginia DSCR Loans!

💵Just Funded💵
$525,000 Cash-Out Refinance (75% LTV) on a cash-flowing short term rental in Virginia Beach, Virginia. Local real estate pros have a booming portfolio of 15 STRs and a boutique hotel in town & will use the proceeds to keep on investing on the path to financial freedom!

💵Just Funded💵
Another cash-out refinance on a cash-flowing short term rental in Virginia Beach, Virginia. Experienced local real estate investors and operators pull cash out of one of their portfolio properties to continue to invest & take advantage of opportunities in the market! via @Zach Edelman

💵Just Funded💵
💰Virginia DSCR Loans💰
$232,000 Quadruplex acquisition in Abingdon, Virginia. While some SFRs can struggle to cash flow w/ max leverage in a high-rate market, savvy investors look to multi-unit properties that offer bang for your buck. This 4-unit comfortably cash flows!

💵Just Funded💵
💰Virginia DSCR Loans💰
$1,042,500 DSCR Loan on a STR in Virginia Beach, VA!
✅AirBnBRRRR Refinance with 8 Months Seasoning / Qualified based on AirDNA projections
✅7.625% Interest Rate even with 75% LTV and Reduced 2/1 Prepayment Penalty
✅SCR 5/6 Hybrid ARM Option – Flexible Structure!

💵Just Funded💵
🧊Virginia BRRRR Loans🧊
💰Virginia DSCR Loans💰
$147,550 Cash-Out Refinance Rental Property Loan (DSCR Loan) on a Single Family Rental in Suffolk, Virginia! Another beautiful BRRRR method execution for this prolific repeat borrower - a six-month buy/rehab/rent/refi - ready to repeat again!

[Robin Simon]

More Easy Street Capital Virginia DSCR Loans and Virginia Hard Money Loans!

💵Just Funded💵
$255,000 Acquisition DSCR Loan on a SFR in Blacksburg, VA! Experienced real estate professional with a strong track record in airbnb arbitrage & STR management makes the first leap into equity ownership with this purchase. Easy Street Capital = 1st Time Investor Friendly! via @Zach Edelman

💵Just Funded💵
🛠️Virginia Fix And Flip Loans🛠️
$196,000 Hard Money rehab loan in Front Royal, Virginia by Easy Street Capital! First time rehabber partners with a trusted lender to do a conservative light touch flip project. We are happy to help first time investors jump into the world of real estate investing! via @Jack Tulloch

💵Just Funded💵🏖️AirBnBRRRR🧊
$351,000 Cash-Out Refinance DSCR Loan on a Short Term Rental (airbnb) in Front Royal, Virginia! Super-successful investment for this group of 4 investors - big value created since purchase in October - now cashed out and cash flowing!

💵Just Funded💵
$273,440 80% LTV acquisition in Front Royal, Virginia! Experienced 50/50 partners secure their third investment property through a DSCR loan w/ only 20% down & a reduced prepayment penalty, allowing for an easy potential cash-out refinance when rates come down

💵Just Funded💵
$165,000 DSCR Loan Cash-Out Refinance on a SFR in Mineral, Virginia! Experienced investor (30+ flips, 6+ Doors) stays conservative, cashing out some equity to expand the portfolio as opportunities arise, but maintaining robust Cash Flow & Low Leverage in this rental

[Robin Simon]

More Virginia DSCR Loans funded by Easy Street Capital!

💵Just Funded💵
$255k Acquisition DSCR Loan on a SFR in Blacksburg, VA! Experienced real estate professional with a strong track record in airbnb arbitrage & STR management makes the first leap into equity ownership with this purchase. Easy Street Capital = 1st Time Investor Friendly!

💵Just Funded💵
$262,500 Acquisition DSCR Loan on the purchase of a multi-unit (duplex) investment property loan in Chesapeake, VA! First Time Real Estate Investor starts her journey to financial freedom with this purchase (Easy Street Capital)
= 1st time investor friendly lender)!

💵Just Funded💵
🧊Virginia BRRRR Loans🧊
$99,375 Cash-Out Refi on a Single Family Rental in beautiful Danville, Virginia! Experienced BRRRR method professional with five previous executions completes number 6 with the help of Easy Street, returning all his $ back + "free" cash-flowing rental!

💵Just Funded💵
🧊Virginia BRRRR Loans🧊
$126,750 Refinance DSCR Loan on a Single Family Rental in Chesapeake, Virginia! A solid BRRRR method execution for this budding real estate investor - should cash flow comfortably after a well-done renovation!

💵Just Funded💵
🧊Virginia BRRRR Loans🧊
$210,000 Cash-Out Refinance DSCR Loan on a quadplex in Suffolk, Virginia! Repeat Easy Street Borrower continues to build her portfolio through the BRRRR method with Easy Street - this one purchased 3 years ago (Nov '20) and now doubled in value + great cash flow!

💵Just Funded💵
🚬Virginia DSCR Loans🚬
$161,000 Cash-Out Refinance DSCR Loan on a single family rental property in Suffolk, Virginia! Suffolk, located an hour and a half south of Virginia, is home to the "Great Dismal Swamp" - a haven for black bear, bobcats, river otters, rattlesnakes & many rare plants

💵Just Funded💵
🚬Virginia DSCR Loans🚬
🧊Virginia BRRRR Loans🧊
$144,000 Refinance DSCR Loan on a SFR in Suffolk, Virginia! Quick BRRRRR method execution for this investor, property was purchased in January of this year, now fully renovated, rented (through August 2024) and refinanced - ready to repeat!

💵Just Funded💵
🚬Virginia DSCR Loans🚬
🧊Virginia BRRRR Loans🧊
$189,600 Refinance DSCR Loan on a single family rental in Suffolk, Virginia! Yes, you read that right - 80% LTV on a BRRRR strategy execution with just 7 months seasoning - property still cash flowing after the refi for this happy & successful repeat borrower!

💵Just Funded💵
🚬Virginia DSCR Loans🚬
$172,550 Cash-Out Refinance Rental Property Loan (DSCR Loan) on a investment duplex in Norfolk, Virginia! Both units fully rented and still providing robust cash flow after refi (1.28x DSCR) - real estate investor takes cash out for next opportunities!

💵Just Funded💵
🚬Virginia DSCR Loans🚬
$185,250 Cash-Out Refinance Rental Property Loan on a SFR in Spring Grove, Virginia! This is another great 🏖️AirBnBRRRR🧊 success story - bought in June '22 - this Airbnb Pro cashes out on this thriving James River short term rental!