DSCR up to 8 units in La Mesa, CA

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

Basic DSCR Loan Terms in La Mesa, 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 La Mesa, 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 La Mesa, CA real estate investors have you covered.

Investment Opportunities in La Mesa, CA

Benefits of DSCR Loan in La Mesa, California

One of the key benefits of a Debt Service Coverage Ratio (DSCR) loan in La Mesa, California, is that it helps property investors secure financing based on the property's income potential rather than their personal income. This can be particularly advantageous for investors looking to expand their real estate portfolio without overly leveraging themselves personally.

Demographically, La Mesa is a diverse and vibrant city in California. With a mix of young professionals, families, and retirees, the community offers a dynamic environment for residents. The city is known for its welcoming atmosphere and strong sense of community, making it an attractive place for people from all walks of life.

In terms of the housing market, La Mesa offers a range of options from charming single-family homes to modern apartments. The market has shown stability and growth over the years, making it a favorable location for both homebuyers and investors. With a variety of neighborhoods to choose from, there is something for everyone in La Mesa's real estate market.

Some of the main attractions in La Mesa include the historic La Mesa Village, known for its eclectic mix of shops and restaurants. The city also boasts beautiful parks and outdoor spaces, such as Lake Murray and Mt. Helix Park, providing opportunities for outdoor recreation and relaxation. Additionally, La Mesa is conveniently located near San Diego, offering residents easy access to big-city amenities while enjoying a more relaxed suburban lifestyle.

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