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DSCR loan in Blythe, CA 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 Blythe, CA, and many other cities throughout Texas and the US.
Buy-and-hold investors in Blythe, CA 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 Blythe, CA real estate investors have you covered.
DSCR (Debt Service Coverage Ratio) loans offer various advantages for property owners in Blythe, California. These loans provide flexibility in repayment terms, lower interest rates, and higher loan amounts based on property income. Borrowers can leverage their property's cash flow to secure financing for real estate investments. Blythe, California, is a diverse community with a population of around 21,000 residents. The city has a median household income of $46,000 and a cost of living below the national average. Its strategic location near the Colorado River attracts outdoor enthusiasts and offers recreational activities like boating, fishing, and camping. The housing market in Blythe is stable, with a median home value of $160,000. The market offers a mix of single-family homes, apartments, and rental properties. With the availability of DSCR loans, property investors can capitalize on the affordable housing prices and rental demand in the area. Some main attractions in Blythe include the Blythe Intaglios, giant geoglyphs etched into the desert floor, and the Blythe Municipal Golf Course for golf enthusiasts. The city also hosts events like the Colorado River Music Festival and the Haunted House Halloween Carnival, providing entertainment for residents and visitors alike.
Benefits of DSCR Loan in Blythe, California