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funded by B.E. Lending
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We know it's unrecognizable, but we promise - the before and after pictures are of the same home! Or at least the same lot... This home was taken down to the studs, the floor plan completely rearranged to add a master suite and garage. The borrower picked out pristine finishes and did an exceptional job on the design of the home. In fact, the home received a full price offer of $419,000 within 12 hours of being listed! In the end, due to the arguably-low appraised value, the final end sale price was renegotiated to $409,500. Nonetheless, this flip was a definite jaw-dropper. 

Acquisition Loan Amount: $159,000
Construction Budget: $100,000
Construction Draw Allowance: $86,000
Cost of Loan
(approximate): $18,500
Loan Length
(approximate): 8 months

Purchase Price: $205,000
End Sale Price: $409,500

Location: 24th Street & Osborn Rd. (Phoenix, AZ) 

Before Photo
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After Photo
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Want to check out other previously funded deals? Click here!
(page under construction - new design coming soon!)

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 or reply to this e-mail.
Karen Causseaux
NMLS: 1242441
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Bennett Capital, LLC dba B.E. Lending
1 north 1st street, suite 755, phx, az 85004
480.706.0260
NMLS ID #1359227
MB #0930346

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