DSCR up to 8 units in Daviston, AL

DSCR loan in Daviston, 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 Daviston, AL, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Daviston, 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 Daviston, 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 Daviston, AL real estate investors have you covered.

Investment Opportunities in Daviston, AL

Benefits of DSCR Loans in Daviston, Alabama

DSCR (Debt Service Coverage Ratio) loans are a popular financing option in Daviston, Alabama due to their favorable terms and benefits. These loans offer investors the advantage of using property income to qualify for a loan, providing flexibility in managing cash flow and maximizing investment potential.

Demographically, Daviston is a quaint town located in Tallapoosa County, Alabama, with a population of approximately 200 residents. The town boasts a close-knit community where neighbors know each other by name, creating a friendly and welcoming environment for residents and visitors alike.

The housing market in Daviston offers affordable options for homebuyers and investors alike. With a median home price below the state average, Daviston presents a lucrative opportunity for those looking to purchase property or invest in real estate. The market is stable, making it an attractive location for first-time homebuyers and seasoned investors.

Some of the main attractions in Daviston include the picturesque Lake Martin, known for its fishing and watersports activities. The town also offers easy access to the Talladega National Forest, where outdoor enthusiasts can enjoy hiking, camping, and wildlife observation. Additionally, Daviston is home to historic sites that showcase the town's rich cultural heritage.

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