DSCR up to 8 units in Pittsview, AL

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

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

Investment Opportunities in Pittsview, AL

Benefits of a DSCR Loan in Pittsview, Alabama

DSCR (Debt Service Coverage Ratio) loans offer several benefits for borrowers in Pittsview, Alabama. These loans are ideal for investors as they consider the property's income-generating potential rather than just the borrower's credit score. This can make it easier to qualify for a loan and secure financing for investment properties.

Demographically, Pittsview is a small but vibrant community in Alabama, with a population that values the close-knit community feel. The majority of residents are families and retirees looking for a peaceful place to call home. The cost of living is relatively low compared to nearby cities, making it an attractive location for those seeking affordability.

The housing market in Pittsview is stable, with a variety of property types available for buyers. From charming single-family homes to spacious rural properties, there is something to suit every taste and budget. With the help of a DSCR loan, investors can capitalize on the growing demand for rental properties in the area and benefit from potential rental income streams.

Main attractions in Pittsview include the beautiful Chewacla State Park, offering outdoor activities like hiking and picnicking. Additionally, the nearby Columbus Museum provides a cultural experience for residents and visitors alike. With its rich history and natural beauty, Pittsview is a hidden gem in Alabama waiting to be explored.

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