DSCR up to 8 units in Richardson, TX

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

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

Investment Opportunities in Richardson, TX

Benefits of DSCR Loan in Richardson, Texas

DSCR loans in Richardson, Texas offer distinct advantages for real estate investors. One of the primary benefits is the ability to secure financing based on the property's income potential rather than personal income. This can be especially advantageous for investors with multiple properties or limited personal income.

Demographically, Richardson is a diverse city with a well-educated population. The city is known for its strong job market, with a significant presence of technology companies and a highly skilled workforce. This makes Richardson an attractive location for real estate investment, ensuring a steady demand for rental properties.

In terms of the housing market, Richardson has experienced steady growth in property values in recent years. The city offers a mix of single-family homes, townhouses, and apartments, catering to a range of investors and residents. The demand for rental properties remains high, making it a favorable market for real estate investors looking to generate rental income.

Main attractions in Richardson include the Eisemann Center for Performing Arts, the Spring Creek Nature Area, and the CityLine development featuring shopping, dining, and entertainment options. These attractions enhance the quality of life in Richardson, making it an appealing location for both residents and tenants.

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