funded by B.E. Lending
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What a smart guy! 

This South Phoenix property was originally listed at $52,000, but when our borrower learned that we placed its value at $40,000, he walked away from the deal. A week later, the seller reduced the price to $40,000. He was smart to consult with us!

He was also smart with the remodel, keeping his finishes appropriate for the neighborhood. The investor took sweet time to complete this project, but even on a hard money loan, he still earned quite the nice profit.

Purchase Price: $40,000
Loan Amount: $30,000
Estimated Construction Budget: $41,000
Construction Draw Allowance: $29,000

Loan Length (approximate): 8.5 months

End Sale Price: $135,000
Location: Pima Street & 15th Avenue

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.
Bennett Capital, LLC dba B.E. Lending
NMLS ID #1359227

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