For Homeowners

We Buy Houses in Hampton Roads

Cash offers on houses that need work in Norfolk, Virginia Beach, Chesapeake, Portsmouth, Suffolk, Hampton, and Newport News. We reply within one business day and close in 7 to 14 days.

How It Works

Three steps to a cash sale

STEP 1

Send the address

Give us the address, your asking price, and a few notes on condition. Use the property form or call 786-340-7978.

STEP 2

We run the numbers

We pull recent nearby sales, estimate the repairs per square foot, and reply within one business day with a cash offer or a clear pass.

STEP 3

We close with cash

We close with cash, 7 to 14 days standard. You make no repairs and skip the listing process.

Who We Help

Houses other buyers pass on

We focus on houses that need work. Common situations:

  • Inherited houses and estates
  • Pre-foreclosure
  • Tired landlord exits
  • Dated kitchens, roofs, and HVAC
  • Small multifamily, 2 to 8 units
  • Houses you do not want to fix up

If your house is updated and ready to move in, a listing agent will likely net you more than we can. We say that up front.

Where We Buy

Seven Hampton Roads cities

  • Norfolk, VA
  • Virginia Beach, VA
  • Chesapeake, VA
  • Portsmouth, VA
  • Suffolk, VA
  • Hampton, VA
  • Newport News, VA

Our office is at 1226 Executive Blvd. in Chesapeake. See a Norfolk underwrite to see how we price a house.

How We Price

How we set our price

Our ceiling is 70 percent of the after-repair value, minus repairs. That gap pays for financing, closing costs, taxes, insurance, and resale commission. We explain the rule in Why We Walk Away From Most Hampton Roads Deals and our repair math in Calibrated Rehab Tiers.

Seller Questions

Before you call

How fast can you close?

We close with cash. Our standard timeline is 7 to 14 days.

Do I need to make repairs?

No. We price the repairs into our offer, so you do not spend money on the house before you sell.

What kinds of houses do you buy?

Single-family homes with 2 to 5 bedrooms and 1,000 to 2,500 square feet, plus small multifamily buildings with 2 to 8 units. Houses that need work are our focus.

How do you set your offer?

We estimate the after-repair value from recent nearby sales, subtract a per-square-foot rehab budget, and cap our price at 70 percent of after-repair value minus repairs.

Are you a real estate agent?

No. Naqua Capital buys as principal and may assign its purchase contract. Naqua Capital is not a licensed real estate broker and does not represent sellers.

Wholesaler with an assignment? Send the deal here. Naqua Capital buys as principal and may assign its purchase contract. Naqua Capital is not a licensed real estate broker and does not represent sellers.