Washington DC Rehab Lenders for Residential Rental Property

Are you looking to rehab and hold residential rental properties in Washington DC? On this page you'll find a list of lenders that provide financing to help investors execute the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy in Washington DC's urban areas. You typically need some cash for the purchase (15% to 20%), some cash reserves in case the rehab goes over budget, and a FICO score over 680 to qualify for the long-term refinance. The maximum loan-to-ARV (after-repair value) for most lenders in Washington DC is 75%, but it could be lower depending on the rental income, location, credit score and other factors.