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Loan Request for Residential loan in San Antonio, TX, 78245

Request #3717353 by Lender

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3/7/2025 12:01:03 PM
San Antonio, TX, 78245, USA Show Map
Residential
$200,000
$200,000
$125,000
62.5 %
640-649
$500,000 - $1,000,000
Property Purchase
Title: Loan Purpose

I am requesting a loan amount of $125,000 for an exciting business venture involving the purchase and renovation of a fixer-upper residential property in San Antonio, TX. This strategic project is designed to capitalize on real estate opportunities, turning the property into a valuable asset through strategic renovations.

The loan will be primarily used for acquiring the residential property and facilitating its renovations. The intent is to elevate its value significantly, transforming it into a market-worthy listing. This venture not only generates income but also enhances the overall market valuation, thereby strengthening my financial position.

For lenders, this loan represents a low-risk opportunity, supported by a favorable loan-to-value ratio of 62.5%. My stable financial situation, underscored by my credit score in the range of 640-649, further mitigates risks, assuring timely and efficient repayment.

I am optimistic about the project's success and appreciate your consideration in supporting this real estate endeavor.

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