Mortgage lead for Residential loan in San Jose, CA, 95120

Loan Request for Residential loan in San Jose, CA, 95120

Request #3728113 by Lender

Date Posted

4/16/2025 4:42:20 PM

Property at

San Jose, CA, 95120, USA Show Map

Borrower at

Property Type

Residential

Property Value

$2,500,000

Loan Request

$1,800,000

LTV

72 %

Credit Rating

780 or more

Net Worth

Over $10,000,000

Loan Purpose

Purchase Fix N' Flip

Purpose

I am seeking a business purpose loan of $1,800,000 to finance the purchase and remodeling of a major fixer-upper property in San Jose, CA. With a strategic "Purchase Fix N' Flip" plan, the funds will play a crucial role in transforming the property from its current poor condition into a highly valuable residential asset.

The invested capital will directly contribute to property rehabilitation, aiming to elevate its market value significantly. Despite its current condition, the real estate market in San Jose offers immense potential, and post-rehab, the property is projected to be valued at $2,400,000.

For you as a lender, this is a low-risk investment due to my strong financial backing, excellent credit score of 780+, and substantial liquidity. These factors make this loan proposal a fruitful and secure opportunity.

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Loan Request for Residential loan in San Jose, CA, 95120