Backflip for West Virginia investors
Backflip combines hard money lending with deal-analysis tools — particularly useful for newer investors wanting integrated underwriting support.
West Virginia context
West Virginia deep cash flow market. Low entry prices.
How Backflip positions in West Virginia
The West Virginia lender pool for DSCR includes Backflip among the active platforms. West Virginia top metros (Charleston, Morgantown, Huntington) see meaningful Backflip loan volume.
City-level coverage in West Virginia
Backflip provides DSCR coverage across West Virginia metros including Charleston, Morgantown, and Huntington. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Backflip program terms apply uniformly across West Virginia metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, bridge |
| Loan size | $50K - $2.5M |
| Rates | 9.99%-11.99% |
| Points | 1 - 3 |
| Max LTV | 85% of ARV |
| Term lengths | 12 months |
| Typical close time | 5-10 days typical |
| West Virginia property tax | 0.6% |
| West Virginia state income tax | 5.12% |
Backflip strengths in West Virginia
- tech-forward
- deal analysis tools
- newer investor friendly
Ideal borrower: Newer investor needing deal analysis tools alongside financing
FAQ
Yes, operates nationally including West Virginia. Backflip is based in Denver, CO and operates nationally.
Charleston is the top investor market in West Virginia and falls within Backflip national coverage. Charleston property tax follows the West Virginia state rate of 0.6 percent. Backflip typically underwrites Charleston acquisitions at standard rate sheets.
Yes. Morgantown ranks among the larger West Virginia investor metros and sees consistent DSCR loan volume from Backflip. Submarket variation within Morgantown matters for property selection.
Backflip applies the same rate sheet across West Virginia metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Charleston, Morgantown, and Huntington all qualify for the same Backflip program.
Backflip indicative DSCR rate range is 9.99 to 11.99 percent with 1 to 3 points.
West Virginia deep cash flow market. Low entry prices. Backflip follows standard business-purpose loan structures.
Backflip funds fix-and-flip, BRRRR, bridge in West Virginia.
West Virginia allows standard DSCR prepay structures; Backflip typically uses 3-5 year step down.
Backflip typical close: 5-10 days typical.
Bottom line
Backflip in West Virginia works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with Backflip.