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Updated over 2 years ago,
SFR Fix and Flip in Edmonds, WA
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $910,000
Cash invested: $147,600
Sale price: $1,350,000
Contributors:
Garrett Quinn
This completely remodeled 4 bedroom/2.25 bathroom home offers picturesque views of Puget Sound and Olympic Mountains throughout. Perfectly situated on a spacious 13,068 SQ FT lot- enjoy endless summer entertaining with AC and in an exceptionally charming backyard: Brand new deck, custom exterior lighting & mature landscaping creating the ultimate private oasis. Master suite offers both ultimate privacy and luxury finishes- Master fireplace, double vanity, separate shower room & a walk-in-closet.
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!