DSCR up to 8 units in Blackwell, TX

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

Basic DSCR Loan Terms in Blackwell, 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 Blackwell, 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 Blackwell, TX real estate investors have you covered.

Investment Opportunities in Blackwell, TX

Benefits of DSCR Loan in Blackwell, Texas

DSCR (Debt Service Coverage Ratio) loans offer several advantages for potential homeowners in Blackwell, Texas. These loans typically require a lower down payment, making homeownership more accessible. Additionally, DSCR loans consider rental income from potential investment properties, which can be beneficial for those looking to generate additional income.

Demographics: Blackwell, Texas is a charming small town with a population of approximately 350 residents. The community is close-knit, offering a peaceful and safe environment for families. The town has a mix of both young professionals and retirees, creating a diverse and welcoming atmosphere.

Housing Market: The housing market in Blackwell, Texas is stable with a variety of options available to potential buyers. From historic homes to modern developments, there is something for everyone. The average home price is around $150,000, making it an affordable option for first-time homebuyers or those looking to downsize.

Main Attractions: Despite its small size, Blackwell offers a range of activities for residents and visitors. The town is known for its beautiful parks and green spaces, perfect for outdoor enthusiasts. Additionally, Blackwell is located near the picturesque Lake Eufaula, providing opportunities for fishing, boating, and other water activities.

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