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Brooklyn New York Fix and Flip Loan

A full gut renovation to this home located in the up-and-coming neighborhood of Mill Basin, Brooklyn. The beautiful renovations to the kitchen, living room and bathroom have increased the value of the home by more than $700,000.

Purchase Price

$496,000

Base Loan Amount

$421,600

Construction Costs

$177,500

Total Loan Amount

$421,600

After Repair Value

$1,190,000

Profit

$768,400
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