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Hollis New York Fix and Flip Loan

Located in Jamaica, New York, this five-bedroom home has been beautifully renovated. Updates to the kitchen, living room and bathrooms have increased the value of the property by over $300,000.

Purchase Price

$204,250

Base Loan Amount

$178,500

Construction Costs

$222,875

Total Loan Amount

$278,500

After Repair Value

$650,000

Profit

$371,500
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