About us
This is a group for longtime and rookie landlords who own and rent properties in Hampton Roads, VA. Join us to share ideas, stories, tool and strategies with other landlords. If you already own properties or want to learn how you can become a landlord and let tenants fund your retirement, this group is for you.
If you are a professional property manager or licensed agent, this is NOT the group for you. Instead, checkout http://sevirginia.narpm.org - The South East. Chapter of the National Assoc of Residential Property Managers. <br>
If you are a vendor - (contractor, licensed agent, wholesaler), this is NOT the group for you because our group’s purpose is education, not networking. Instead, consider joining the Tidewater Real Estate Investor’s Group and the Peninsula Real Estate Investor’s Groups. Both groups include networking as a component of their purpose. If you have an expertise for landlords and would like to be considered as a speaker or panelist, please send a message to our organizer and we would be happy to consider your topic!
Upcoming events
1
- $25.00
From Equity to Acquisition: Using 2nd Liens & HELOCs to Expand Your Portfolio
Sweetwater Cuisine, 4216 Virginia Beach Blvd #140, Virginia Beach, VA, USHi all. To avoid the federal holiday we have moved this month's meeting to the THIRD WEDNESDAY! PLEASE NOT YOUR CALENDER. The lending products available to real estate investors today are incredible! We have not had options this good since before the crash! Come learn about the options available to you - even if you no longer have documented income or are on a fixed income.
From Equity to Acquisition: Leveraging 2nd Liens & HELOCs to Expand Your Portfolio
Is your equity working as hard as you do? If not, there are powerful strategies to leverage your existing equity into working capital for your next endeavor. Below are key mortgage products tailored to suit your needs in today's market.
From Equity to Acquisition: Leveraging 2nd Liens & HELOCs to Expand Your Portfolio
Is your equity working as hard as you do? If not, there are powerful strategies to leverage your existing equity into working capital for your next endeavor. Below are key mortgage products tailored to suit your needs in today's market. Come to our meeting to learn the ins and outs of these great products!
Access Equity
● Home Equity Line Of Credit (HELOC): Available for primary residences as well as investment properties!
● Home Equity Loan (HELOAN): Closed-end second mortgage offering fixed rates and predictable monthly payments.
● 1st Position HELOC: Specialized lines of credit placed in first position on primary residences or even investment properties.
● Bank Statement / DSCR Cash-Out Refinancing: Tap equity based on rental cash flow or bank deposits without traditional tax returns.
● Cross-Collateralized Portfolio & Blanket Loans: Bundle multiple properties under a single loan facility to extract equity across your portfolio.
● Wraparound & Sub-To Equity Solutions: Custom strategies to unlock equity from wrap or subject-to holdings.
Buy in the Market Dip - Or Any Market!
Debt Service Coverage Ratio (DSCR) Loans:
● Standard 1.0+ Ratio: Down payments ranging from 10% to 30%.
● Sub-1 / No Ratio: Perfect for rental acquisitions with significant value-add or cash-flow upside potential.
● Short-Term Rental (STR) DSCR: Custom qualification for Airbnb and VRBO properties.
● Conventional Loans: Standard fixed-rate financing options; ARMs are back as an attractive strategy!
● Private & Hard Money Loans: Fast execution for Fix-and-Flip or BRRRR strategies, seamlessly refinancing into long-term DSCR or Conventional loans.Regulatory & Compliance Disclaimers
NEXA Lending | Equal Housing Lender
Jeffrey Taylor, NMLS # 2752502 | NEXA Lending NMLS #1660690
For informational/real estate professional use only. Programs, rates, terms, and conditions are subject to change without notice. All loans subject to credit approval and underwriting guidelines. Equal Housing Opportunity.
5559 S Sossaman Rd Bldg #1 Ste #101 Mesa, AZ 85212
602-344-9333
www.NEXALending.comACCURATE RSVPs ARE CRITICAL TO ENSURE WE HAVE THE RIGHT AMOUNT OF FOOD! Sweetwater Cuisine is a catering company known for their amazing culinary skills and will be serving us a buffet lunch for an all inclusive price of $25/person, which includes the space, meal, tax and tip as long as you RSVP. If you attend without RSVPing you can pay $30 at the door. Please note: EVERYONE WHO ATTENDS MUST PAY FOR LUNCH, WHETHER YOU EAT OR NOT. This is the only way we can keep this a free club. The venue provides us a beautiful space and AV equipment all for the cost of our lunch.
IF YOU HAVE ANY FOOD ALLERGIES OR DIETARY REQUIREMENTS, PLEASE CONTACT SWEETWATER CUISINE DIRECTLY AT LEAST ONE WEEK PRIOR TO THE EVENT AND THEY WILL DO THEIR BEST TO ACCOMMODATE WITH EITHER OUR MENU OR AN ACCOMMODATING MEAL.
All menus include soft drinks, tea, and coffee. Use of the space is included in the cost per person.6 attendees
Past events
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