SFR Fix and Flip in Edmonds, WA

[James Dainard]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $910,000
Cash invested: $138,000
Sale price: $1,299,950

Contributors:
Garrett Quinn, Victoria Loder

This lovely multi-level home is in wonderful town of Edmonds. The property features 4 bedrooms, family room with gas fireplace, upper level great room with a wet bar, vaulted ceilings, wall of windows and a very large deck to enjoy summer evenings. Brand new kitchen open to the living space, stainless appliances, access to patio from dining. Remodeled bathrooms. The oversized 2 car garage (768 sq. ft) comes with a workshop.

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!