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Elmont New York Fix and Flip Loan

This spacious home in Elmont, New York has undergone a wonderful renovation. Upgrades, such as the new hardwood floors running throughout the home, generated over a quarter million in profit for this Flatiron Realty Capital customer.

Purchase Price

$396,500

Base Loan Amount

$364,000

Construction Costs

$42,750

Total Loan Amount

$364,000

After Repair Value

$645,000

Profit

$281,000
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