DSCR up to 8 units in Shoshone, CA

DSCR loan in Shoshone, 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 Shoshone, CA, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Shoshone, CA

  • 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 Shoshone, 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 Shoshone, CA real estate investors have you covered.

Investment Opportunities in Shoshone, CA

Benefits of DSCR Loans in Shoshone, California

DSCR (Debt Service Coverage Ratio) loans offer several benefits for residents in Shoshone, California. These loans provide a way for borrowers to finance investment properties based on the property's income rather than the borrower's credit score.

Demographics

Shoshone, California, is a small community in Inyo County with a population of around 31 people. The majority of residents are White, followed by Hispanic and Native American populations. The median household income is $34,167.

Housing Market

The housing market in Shoshone offers a mix of single-family homes and rental properties. With a median home value of $274,500, the market is relatively stable, making it an attractive option for both homebuyers and investors looking to capitalize on rental opportunities.

Main Attractions

Shoshone is known for its natural beauty, with attractions like the Shoshone Village Park and the nearby Shoshone Museum showcasing the area's rich history. Outdoor enthusiasts can enjoy hiking in the nearby Death Valley National Park or exploring the nearby Tecopa Hot Springs.

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