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Updated over 2 years ago,
SFR Fix and Flip in Seattle, WA
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $435,000
Cash invested: $84,000
Sale price: $785,000
Contributors:
John Whitney,
Katie Kepler
This Arbor Heights bungalow is perched on a 9,600 SQ FT lot. The open living space comes with new floors, paint, lighting, and finishes throughout. Kitchen has shaker cabinets, quartz countertops, stainless steel appliances, and a spacious island. The back yard is your own private oasis, fully fenced with a covered patio, outdoor chiminea-like fireplace and charming gardening spaces. There are also multiple outbuildings, which is perfect for storage and gardening supplies.
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!