DSCR up to 8 units in Baileyton, AL

DSCR loan in Baileyton, AL is based on the property's cash flow without the borrower's income verification.

DSCR stands for “long-term debt service coverage ratio.” These loans are for real estate investors who wish to grow their property portfolio in Baileyton, AL, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Baileyton, AL

  • Property types: residential 1-8 units
  • Loan amounts from $75,000
  • 80% LTV purchase/75% Cashout
  • 30-year fixed or 5/7/10 ARM (I/O)
  • Rates from 6.5%
  • Minimum FICO 660
  • No income verification
  • Low fees and costs

Buy-and-hold investors in Baileyton, AL can be assured that by working with Horizon Lending Services, we will always provide the best opportunities at the best possible rates.

If you are looking at a single-family home, condo, townhome, or multiplex, our Baileyton, AL real estate investors have you covered.

Investment Opportunities in Baileyton, AL

Benefits of DSCR Loan in Baileyton, Alabama

Benefits:

A Debt Service Coverage Ratio (DSCR) loan in Baileyton, Alabama, offers competitive interest rates and longer repayment terms, making it an attractive option for real estate investors. This type of loan also provides flexibility in financing options, allowing borrowers to secure funding for both residential and commercial properties.

Demographics:

Baileyton, Alabama, is a small town with a population of approximately 700 residents. The community has a close-knit feel, with a mix of families and retirees. The town boasts a low crime rate and a strong sense of community pride, making it an ideal place to settle down and invest in real estate.

Housing Market:

The housing market in Baileyton offers a range of affordable options for both buyers and renters. With a median home price below the national average, investors can find properties that yield high returns in this growing market. The town's strategic location and growing economy make it a promising area for real estate investment.

Main Attractions:

Baileyton is known for its picturesque countryside and outdoor recreational opportunities. Visitors and residents can enjoy hiking, fishing, and camping in the nearby national parks. The town also hosts annual festivals and fairs, showcasing local artisans and musicians, adding to its charm and appeal.

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