Richmond Hill New York Fix and Flip Loan

This home located in a popular area of Richmond, New York features modern updates to its appliances. Upgrades to the basement, living room, and kitchen has helped generate over $300,000 profit for the investor.

Purchase Price

$480,000

Base Loan Amount

$350,000

Construction Costs

$127,500

After Repair Value

$735,000

Total Loan Amount

$350,000

Profit

$385,000