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funded by B.E. Lending
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This deal was taken on by a couple of first-timers, and we’d like to take a Done Deal opportunity to applaud them. They hit the ground running, jumping on an off-market deal close to home. The borrowers paid close attention to their comps, only doing what was necessary to get top dollar on the resale price – SMART! They moved quickly and learned a great deal at every step in the process. 

According to the numbers, we’d say they were rather successful on their first go. We definitely look forward to working with them again. Awesome job, John and Judy!

Purchase Price: $189,000
Acquisition Loan Amount: $151,000
Construction Loan Allowance: $12,000
Total Interest Paid
(approximate): $8,500
Loan Length
(approximate): 3.5 months
End Sale Price: $254,000

Location: Northern and 47th Avenue (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
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Bennett Capital, LLC dba B.E. Lending
1 north 1st street, phx, az 85004
480.706.0260
NMLS ID #1359227
MB #0930346

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