Virginia DSCR, Hard Money, Fix & Flip, Construction & Multifamily Loans
Virginia (VA) Underwriting Snapshot (BLUF): Wholesale business-purpose investment property loans in Virginia utilize Non-Judicial (Deed of Trust Trustee Sale) security instruments, with an average non-homestead effective property tax rate of 0.8%, a median 1–4 unit investment home price of $415,000 (median rent $2,980/mo), and 5+ unit multifamily market rents averaging $1,720/door. Arranged by Loan Daddy LLC (NMLS #2827624).
SECURITY INSTRUMENT
Non-Judicial (Deed of Trust Trustee Sale)EFFECTIVE PROPERTY TAX
0.8% Avg ($277/mo)MEDIAN 1–4 UNIT PRICE & RENT
$415,000 · $2,980/mo5+ UNIT MULTIFAMILY RENT
$1,720/door/moVirginia Pre-Populated Underwriting Terminal
1–4 Unit PITIA vs. 5–25+ Unit Commercial NOI Simulator
Loan Daddy LLC · NMLS #2827624 · AZ CMB #CMB-2016143 · Canonical Integer _cents & _bps Engine
Price/Door: $415,000·Loan/Door: $311,250·Avg Rent/Door: $2,980/mo
Prepayment Stepdown Structure
Amortization & FICO Tier
Calculated DSCR Coverage Ratio
1.23xCanonical:
123 bps · 7500 bps LTV · 6625 bps RateStandard Multifamily / DSCR Pass (1.15x–1.24x)
Loan Amount (75% LTV)$311,25031,125,000 _cents
Monthly P&I Debt Service$1,993/mo@ 6.625% Note Rate
Total Monthly PITIA$2,415/moTax: $277 · Ins: $145
Net Monthly Cash Flow+$565/mo$6,781/yr net
Wholesale PPE Multi-Option Execution Comparison (Borrower-Paid 2.000% Default · 39 Wholesale Lenders)
| Execution Option | Prepay Structure | Est. Note Rate | Prepay Price Credit | Monthly Debt Service | DSCR Ratio |
|---|---|---|---|---|---|
| Option A: Lowest Rate (60-Mo Stepdown) | 5-4-3-2-1 | 6.625% | -100 bps (-1.000 pt) | $2,415/mo | 1.23x |
| Option B: Balanced Par (36-Mo Stepdown) | 3-2-1 | 6.875% | -75 bps (-0.750 pt) | $2,467/mo | 1.21x |
| Option C: Max Cash Flow (10-Yr Interest-Only) | 3-2-1 IO | 7.000% | +38 bps IO LLPA | $2,238/mo | 1.33x |
Many DSCR lenders focus on the property's rent, not your tax returns. Not all applicants will qualify; terms vary by lender. Loans made or arranged pursuant to a California Financing Law license, #60DBO-218873.
Virginia Cities with Population ≥ 50,000 (13 Markets)
Click any Virginia city below to open its localized DSCR & Commercial Multifamily underwriting desk with county property tax rates, median rent benchmarks, and a pre-populated city deal calculator:
| City (VA) | County | 2026 Est. Pop | Effective Tax Rate | Median 1–4 Unit Price | Median Monthly Rent | 5+ Unit Rent/Door |
|---|---|---|---|---|---|---|
| Virginia Beach, VA → | VIRGINIA BEACH CITY County County | 488,842 | 0.83% | $485,000 | $3,450/mo | $2,000/door |
| Norfolk, VA → | NORFOLK CITY County County | 268,292 | 0.83% | $485,000 | $3,450/mo | $2,000/door |
| Chesapeake, VA → | CHESAPEAKE CITY County County | 251,322 | 0.75% | $430,000 | $3,100/mo | $1,800/door |
| Richmond, VA → | RICHMOND CITY County County | 233,384 | 0.82% | $480,000 | $3,400/mo | $1,975/door |
| Newport News, VA → | NEWPORT NEWS CITY County County | 198,402 | 0.82% | $455,000 | $3,250/mo | $1,875/door |
| Alexandria, VA → | ALEXANDRIA CITY County County | 162,292 | 0.78% | $415,000 | $3,050/mo | $1,750/door |
| Hampton, VA → | HAMPTON CITY County County | 149,002 | 0.83% | $410,000 | $2,900/mo | $1,675/door |
| Roanoke, VA → | ROANOKE CITY County County | 107,327 | 0.85% | $415,000 | $2,950/mo | $1,700/door |
| Portsmouth, VA → | PORTSMOUTH CITY County County | 104,863 | 0.86% | $420,000 | $3,000/mo | $1,725/door |
| Suffolk, VA → | SUFFOLK CITY County County | 93,444 | 0.77% | $390,000 | $2,800/mo | $1,625/door |
| Lynchburg, VA → | LYNCHBURG CITY County County | 85,035 | 0.82% | $405,000 | $2,900/mo | $1,675/door |
| Harrisonburg, VA → | HARRISONBURG CITY County County | 56,021 | 0.78% | $395,000 | $2,850/mo | $1,625/door |
| Leesburg, VA → | LOUDOUN County County | 51,964 | 0.78% | $370,000 | $2,700/mo | $1,550/door |