Virginia Real Estate Market Report

The Virginia Real Estate Market Report provides you with an in depth look at the current market in Virginia and can give you great insight if you’re looking to secure a hard or private money loan. All data and statistics in the market report are updated monthly and are obtained from Local Market Monitor. We are providing this great tool for FREE to anyone in the Real Estate industry to assist you with determining where the best market in Virginia is to purchase your next fix to flip or rental property. In the market report you can find the average home price in Virginia and compare the population of the MSA areas within the state. Along with the average home price, you can also view the Single-Family Housing Permits statistics and the Multi-Family Housing Permit statistics.

A really great statistic that can be of value to you in determining where your next rental property purchase will be is the Current Monthly Rent amount, along with the Rent-Home price ratio and the Rent Forecast. These are three very valuable statistics that will allow you to be more knowledgeable about the Virginia real estate market and allow you to be the most successful in building your investment portfolio.

Also available to you in the market report, is the percent of population growth, as well as the percent of the 12-month change. Another great data point that you can find on the market report is the unemployment rate along with the percent job growth within Virginia.

Virginia’s Hard Money Lender – BridgeWell Capital

BridgeWell Capital is a licensed hard money lender offering hard money/private money loans for residential real estate transactions in Virginia. We specialize in the greater Richmond area, although we also serve Norfolk, Chesapeake, Newport, Arlington, Hampton, East Hampton, Alexandria and Portsmouth Heights.

There are many hard money lenders in Virginia, but if you are looking for a lender that offers outstanding customer service, excellent loan terms and flexible financing options, you have found the right place. With BridgeWell Capital you can expect:

• Fast, hassle-free loan closings
• Competitive loan terms – among the best in the industry.
• Responsive service
• Minimal paperwork
• Easy loan qualification

Whether it is your first hard money loan, or your 10th, you can expect to have a consistent experience with BridgeWell Capital. If you haven’t done so already, contact us at 804.469.8000 or submit a free, no-obligation, funding request online.

Qualifying for a Hard Money Loan in Virginia

Obtaining a hard money loan in Virginia is a simple process. We qualify based on your ability to succeed, which usually comes down to having a solid buy on a good investment property.

In 35 years of hard money lending experience, we have determined that the best residential investment properties include (but are not limited to) the following:

• Single family, detached residential homes (1-4 units)
• Non-owner occupied properties, where there is no emotional attachment to the property.
• Homes located in established subdivisions, with sidewalks and driveways
• Residential properties built on standard construction
• Homes in neighborhoods with good appreciation prospects (See Virginia Market Trends on Zillow)

See our Blog for more information on What to look for in a residential real estate investment.

Hard Money Loan Programs and Terms in Virginia

BridgeWell Capital offers hard money loans for investors that need a quick source of financing for residential investor flips and property rentals. The following loan programs and services are available for investors in Virginia:

• Investor Rehab Loans: For investors that need financing for buy, fix and sell investment projects on residential properties.
• Rental Property Loans: For investors that need financing for buy, fix and hold investment projects on residential properties.
• Cash-out Refinance: For investors that need to free up some capital from a currently owned residential investment property to finance their next investment.
• Proof of funds letters: For investors that need to prove to the sellers of a residential investment property that they have the funds available to close on the property.
• Refi Builder Program: For investors that wish to transition into a long-term, lower-interest loan.
• Investor Consulting Program: For inexperienced investors that need step-by-step guidance at every state of their investment project

For more information about our terms, feel free to contact us directly at 804.469.8000 or via our contact page