funded by B.E. Lending
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We all know there is great financial risk in the world of fix and flip. Things go wrong when we least expect them; often, it's outside of our control. Well, this borrower faced unfavorable variables, and yet, walked away richer than most

Although not new to the industry, this flip was the borrower's first. Perfect Phoenix location, on a great lot, nestled in the middle of the neighborhood. The home was purchased so well that her large margin provided an incredible safety net when major unexpected issues were discovered. Despite having a full price offer within the first week of being listed on the market, the process to close lasted over three whole months because of issues on the buyers' end.

But check out those numbers! A nice profit, to say the least. 
I guess the experts aren't kidding when they say, "You make your money on the purchase."

Acquisition Loan Amount: $132,000
Construction Budget: $50,000
Construction Draw Allowance: $35,000
Cost of Loan
(approximate): $12,000
Loan Length
(approximate): 7 months

Purchase Price: $165,000
End Sale Price: $315,000

Location: 7th Avenue & Campbell (Phoenix, AZ) 

Before Photo
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After Photo
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We provide short-term, hard money loans for both residential and commercial properties, as well as construction reimbursement programs and other additional resources for investors and realtors. We move quickly and underwrite creatively in order to fit your needs. 
Questions? Please call Karen at 480.706.0260 x1
Karen Causseaux, NMLS: 1242441
Bennett Capital, LLC dba B.E. Lending
1 north 1st street, phx, az 85004
NMLS ID #1359227
MB #0930346

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