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Elmont New York Fix and Flip Loan

Located in Elmont, New York, this quaint single-family home has been beautifully renovated. Modern upgrades to the kitchen, living room and bathrooms led to over $200,000 in profit for this investor.

Purchase Price

$280,000

Base Loan Amount

$224,000

Construction Costs

$57,000

Total Loan Amount

$224,000

After Repair Value

$508,000

Profit

$284,000
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