DSCR up to 8 units in Barry, TX

DSCR loan in Barry, TX 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 Barry, TX, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Barry, TX

  • 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 Barry, TX 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 Barry, TX real estate investors have you covered.

Investment Opportunities in Barry, TX

Benefits of DSCR Loan in Barry, Texas

DSCR (Debt-Service Coverage Ratio) loans offer several advantages to borrowers in Barry, Texas. These loans provide a more flexible lending option for commercial real estate investments. Borrowers can qualify based on property income rather than personal credit, making it accessible for new investors.

Demographics: Barry, Texas, boasts a population of around 2000 residents. The community is primarily composed of families and young professionals attracted by the peaceful rural setting and affordable cost of living. The town has a tight-knit feel and a strong sense of community.

Housing Market: The housing market in Barry, Texas, offers a mix of single-family homes, ranch properties, and land for development. The median home price is below the national average, making it an attractive option for those looking to invest in real estate or settle down in a tranquil environment.

Main Attractions: Barry is known for its picturesque countryside, offering opportunities for outdoor activities such as hiking, fishing, and camping. The town also hosts seasonal events like farmers' markets and community festivals that bring residents together and create a vibrant social scene.

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