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Updated over 2 years ago on . Most recent reply

User Stats

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

SFR Fix and Flip in Seattle, WA

James Dainard
  • Real Estate Broker
  • Bellevue, WA
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $420,000
Cash invested: $36,000
Sale price: $549,950

Contributors:
John Whitney, Megan Halter

This updated rambler is in private serene setting! Great use of space with open living, dining, and kitchen which features rich warm finishes and stainless steel appliances including gas range. Full bath with double vanity and extra storage space. Three generous bedrooms tucked away with easy access to the backyard. Expansive level lawn with mature fruit trees, firepit to gather around, large deck for summer BBQ’s, and outbuilding to store all your toys. New roof, hot water heater, & more

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!

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