DSCR up to 8 units in Douglas, AL

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

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

Investment Opportunities in Douglas, AL

Benefits of DSCR Loan in Douglas, Alabama

DSCR (Debt Service Coverage Ratio) loans provide a range of benefits for borrowers in Douglas, Alabama. These loans are ideal for real estate investors looking to finance properties. DSCR loans offer a higher loan amount based on the property's income potential, rather than just personal income.

Demographics in Douglas, Alabama show a close-knit community with a population of approximately 744 residents. The town offers a peaceful rural setting, perfect for those seeking a quiet lifestyle away from the hustle and bustle of the city.

The housing market in Douglas presents opportunities for both buyers and sellers. With a median home value of $130,000, the market is affordable and attractive for first-time homebuyers or those looking to invest in rental properties. The town's housing market is stable, making it a sound investment choice.

Some main attractions in Douglas include the picturesque Lake Guntersville State Park, offering outdoor activities such as hiking, fishing, and camping. The nearby Boaz Historical Society and Museum provide insights into the town's rich history and cultural heritage.

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