DSCR up to 8 units in Leggett, TX

DSCR loan in Leggett, TX 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 Leggett, TX, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Leggett, TX

  • 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 Leggett, TX 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 Leggett, TX real estate investors have you covered.

Investment Opportunities in Leggett, TX

Benefits of DSCR Loan in Leggett, Texas

DSCR loans offer numerous benefits to borrowers in Leggett, Texas. These loans are specifically designed to help investors purchase income-generating properties without relying solely on personal credit scores. With a DSCR loan, the property's debt service coverage ratio is the primary factor considered for approval, allowing investors with lower credit scores to qualify.

Demographics in Leggett, Texas show a small, close-knit community with a population of approximately 150 residents. The town is known for its peaceful rural setting, making it an ideal location for individuals looking to escape the hustle and bustle of city life.

In terms of the housing market, Leggett offers a range of affordable housing options, including single-family homes and spacious ranch-style properties. The market is stable, with a steady demand for rental properties, making it a favorable environment for real estate investors looking to generate passive income.

Main attractions in Leggett include the popular Big Thicket National Preserve, which offers hiking, bird-watching, and other outdoor recreational activities. The nearby Davy Crockett National Forest also provides opportunities for camping and exploring nature, making it a draw for outdoor enthusiasts and nature lovers.

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