DSCR up to 8 units in Bodfish, CA

DSCR loan in Bodfish, 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 Bodfish, CA, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Bodfish, CA

  • 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 Bodfish, 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 Bodfish, CA real estate investors have you covered.

Investment Opportunities in Bodfish, CA

DSCR Loan Benefits in Bodfish, California

DSCR (Debt Service Coverage Ratio) loans offer several benefits to prospective homebuyers and real estate investors in Bodfish, California. These loans provide a more flexible financing option by considering the property's income-generating potential rather than just the borrower's credit score. This can make it easier to qualify for a loan, especially for those with fluctuating incomes or who may not meet traditional lending criteria.

Demographically, Bodfish, California, is a small, picturesque town located in Kern County. With a population of around 1,900 residents, Bodfish offers a close-knit community feel and a lower cost of living compared to larger cities. The town is known for its beautiful natural surroundings, including nearby mountains, forests, and the scenic Kern River.

In terms of the housing market, Bodfish presents a mix of affordable and attractive properties, making it an appealing location for both first-time homebuyers and investors. The real estate market in Bodfish is relatively stable, with moderate appreciation rates and a range of housing options from single-family homes to charming cabins in the woods.

Main attractions in Bodfish and its surrounding areas include outdoor recreational activities such as hiking, fishing, and boating on the Kern River. The town also has a rich history, with notable landmarks like the Silver City Ghost Town and the Walker Basin Conservancy offering insights into the region's past.

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