DSCR up to 8 units in Little River, AL

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

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

Investment Opportunities in Little River, AL

Benefits of DSCR Loan in Little River, Alabama

DSCR loans in Little River, Alabama offer numerous benefits for individuals looking to invest in rental properties or commercial real estate. One of the key advantages is that these loans do not consider the borrower's personal income and instead focus on the property's ability to generate enough income to cover the debt service.

Little River, Alabama, is a charming town with a population of approximately 2,000 residents. The town is known for its tight-knit community, beautiful natural surroundings, and affordable cost of living. The majority of residents are homeowners, creating a stable and thriving local housing market.

The housing market in Little River, Alabama, presents a variety of opportunities for potential investors. The median home price in the area is below the national average, making it an attractive location for those looking to purchase rental properties. With the growing demand for rental housing in the area, investing in real estate in Little River can provide a steady income stream and potential for long-term appreciation.

Little River, Alabama, boasts several main attractions that draw visitors and residents alike. The town is home to picturesque parks, historic landmarks, and outdoor recreational activities such as hiking and fishing. Additionally, the close-knit community organizes various events and festivals throughout the year, creating a vibrant and welcoming atmosphere for all.

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