DSCR up to 8 units in Tibbie, AL

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

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

Investment Opportunities in Tibbie, AL

Benefits of DSCR Loan in Tibbie, Alabama

One of the key benefits of a Debt-Service Coverage Ratio (DSCR) loan in Tibbie, Alabama, is the flexibility it offers to borrowers. This type of loan is ideal for investors and property owners as it provides a reliable way to finance income-producing properties while also ensuring that cash flow remains stable.

Demographically, Tibbie is a small community located in Washington County, Alabama, with a population of approximately 200 residents. The town boasts a tight-knit community feel, ideal for those looking for a peaceful and close-knit neighborhood.

In terms of the housing market, Tibbie offers a range of affordable yet attractive housing options. With the assistance of a DSCR loan, individuals can invest in properties that offer excellent potential for rental income, making it a lucrative opportunity for investors.

Some main attractions in Tibbie include its beautiful natural surroundings, such as the nearby Chatom Wildlife Area, which offers outdoor activities like hiking and bird-watching. Additionally, the town's historic sites, including the Tibbie Baptist Church, provide a glimpse into its rich heritage.

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