SFR Fix and Flip in Tacoma, WA

[James Dainard]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $500,000
Cash invested: $126,000
Sale price: $799,000

Contributors:
Dominic Turco, Jennifer Haffner

This beautifully remodeled North Tacoma home on a quiet street offers a spacious open floor plan, and a large finished lower level. Fully fenced private back yard including a large multi-level deck and fire pit. Living room with convenient electric fireplace. Brand new kitchen including eat-in peninsula, new cabinets, quartz countertops, tile backsplash, and all new stainless steel appliances. The large primary suite on the main level comes with a double vanity and oversize shower.

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!