DSCR up to 8 units in Richards, TX

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

Basic DSCR Loan Terms in Richards, 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 Richards, 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 Richards, TX real estate investors have you covered.

Investment Opportunities in Richards, TX

Benefits of DSCR Loan in Richards, Texas

DSCR loans in Richards, Texas provide numerous benefits for property investors. These loans are specifically designed for income-producing properties and allow investors to finance their projects without impacting personal debt-to-income ratios. This means investors can leverage the property's income to secure financing, opening up opportunities for growth and diversification.

The demographics of Richards, Texas, show a small but vibrant community. With a population of around 1,200 residents, Richards offers a close-knit and friendly atmosphere. The town's demographics skew towards families and retirees, creating a serene environment perfect for those looking to settle down in a peaceful setting.

The housing market in Richards, Texas, is stable yet affordable. Property values have been steadily increasing over the past few years, making it an attractive location for real estate investment. The availability of DSCR loans further boosts the housing market by providing investors with flexible financing options.

Richards, Texas, boasts several main attractions that draw visitors and residents alike. The Sam Houston National Forest offers outdoor enthusiasts opportunities for hiking, camping, and wildlife watching. Additionally, the town is known for its historic downtown area, charming shops, and local eateries that showcase the town's unique character and charm.

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