DSCR up to 8 units in Solana Beach, CA

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

Basic DSCR Loan Terms in Solana Beach, 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 Solana Beach, 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 Solana Beach, CA real estate investors have you covered.

Investment Opportunities in Solana Beach, CA

Benefits of DSCR Loans in Solana Beach, California

DSCR (Debt Service Coverage Ratio) loans offer several advantages to individuals in Solana Beach. These loans provide borrowers with a better chance of qualifying since they consider the property's income potential rather than just the borrower's financial history. DSCR loans typically have lower interest rates and longer repayment terms, making them a more affordable financing option for real estate investments.

Demographics

Solana Beach, California, is a charming coastal city with a population of around 13,000 residents. The community is known for its high standard of living, excellent schools, and diverse mix of residents. The city has a thriving arts and culture scene, with many galleries, theaters, and music venues to explore.

Housing Market

The housing market in Solana Beach is competitive yet diverse, offering a range of property types from beachfront estates to cozy suburban homes. The market is characterized by steady appreciation rates, making it an attractive location for real estate investments. With the help of DSCR loans, individuals can leverage the market's stability to build their property portfolios.

Main Attractions

Solana Beach is home to stunning beaches, including Fletcher Cove Beach Park and Tide Beach Park, which offer opportunities for surfing, sunbathing, and picnicking. The city also boasts a vibrant downtown area with boutique shops, gourmet restaurants, and a lively nightlife scene. The Solana Beach Farmers Market is a popular attraction, showcasing local produce and artisanal goods.

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