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DSCR loan in Marina Del Rey, 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 Marina Del Rey, CA, and many other cities throughout Texas and the US.
Buy-and-hold investors in Marina Del Rey, 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 Marina Del Rey, CA real estate investors have you covered.
DSCR (Debt Service Coverage Ratio) loans offer significant advantages for real estate investors in Marina Del Rey, California. These loans enable investors to secure financing based on the property's income rather than personal income. This is particularly beneficial for those with multiple properties or limited personal income but strong rental income. Marina Del Rey, located in Los Angeles County, boasts a diverse demographic mix. With a population of around 9,000 residents, the area attracts professionals, retirees, and individuals seeking a coastal lifestyle. The median household income in Marina Del Rey is above the national average, making it an attractive market for real estate investments. The housing market in Marina Del Rey is vibrant and offers lucrative opportunities for investors. The median home value in the area is significantly higher than the national average, indicating a strong market with potential for appreciation. The rental market is also robust, with high demand for both short-term and long-term rentals. Marina Del Rey is renowned for its picturesque marina, beautiful beaches, and vibrant dining and entertainment scene. The area offers a mix of outdoor recreational activities, including boating, kayaking, and biking. Popular attractions include the Marina Del Rey Farmers Market, Fisherman's Village, and Burton Chace Park, providing ample opportunities for residents and visitors to enjoy the coastal lifestyle.
Benefits of DSCR Loan in Marina Del Rey, California