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Updated over 2 years ago on . Most recent reply

User Stats

415
Posts
1,894
Votes
James Dainard
  • Real Estate Broker
  • Bellevue, WA
1,894
Votes |
415
Posts

SFR Fix and Flip in Bellevue, WA

James Dainard
  • Real Estate Broker
  • Bellevue, WA
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $1,150,000
Cash invested: $240,000
Sale price: $1,995,000

Contributors:
John Whitney, Victoria Loder

This hidden gem in Woodridge sits on a large lot with a line of trees and long driveway creating your own secluded paradise. Designed with contemporary in mind yet close to nature, this home has it all, large windows, sprawling open floor plan, formal dining, covered deck for those rainy days. Main floor features a large chef's kitchen with all new appliances, expansive island with seating, master suite with access to outdoors, walk-in closet, full bath and another bedroom.

What made you interested in investing in this type of deal?

Fix and flip investment property for a client.

How did you find this deal and how did you negotiate it?

On the MLS.

How did you finance this deal?

Hard money with Intrust Funding.

How did you add value to the deal?

Fix and flip renovations.

What was the outcome?

Sold the property

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Check out the Heaton Dainard team!

Most Popular Reply

User Stats

34
Posts
174
Votes
Victoria Loder
  • Real Estate Agent
174
Votes |
34
Posts
Victoria Loder
  • Real Estate Agent
Replied
  • On to the next deal!

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