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Yuma property, funded by B.E. Lending
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Out-Of-The-Box Hard Money Lending

Yuma properties are typically outside of our underwriting box, and yet, the borrower on this property impressed us with his remodel. He owned two properties free and clear, which allowed us to cross-collateralize and offer him 100% of his purchase price, plus the majority of his construction costs. The borrower closed on the property January 4th and had it up on the market April 4th, exactly three months later. Within three days, the property was under contract with a full-price offer. 

This is a great example of creative underwriting, since, after all, things don't always fit perfectly into a box. 

Purchase Price: $74,000
Acquisition Loan Amount: $110,000
Construction Loan Amount: $35,000
Total Interest Paid
(approximate): 7,500
Loan Length 
(approximate): 4 1/2 months

End Sale Price: $160,000
Location: Yuma, AZ 

Before (click on image to see more Before shots)
After (click on image to see more After shots)
Want to check out other previously funded deals? Click here!
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. 
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Bennett Capital, LLC dba B.E. Lending
480.706.0260
NMLS ID #1359227

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