SFR Fix and Flip in Tacoma, WA

[James Dainard]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $235,000
Cash invested: $96,000
Sale price: $630,000

Contributors:
Dominic Turco

This charming Craftsman awaits! Impeccably updated with luxury finishes, located in the heart of Tacoma on an expansive 9,750 sq ft lot. With 3 bedrooms and 2 FULL bathrooms - beautifully renovated from top to bottom including: brand new high-end stainless steel appliances, new quartz countertops, custom tiled backsplash, new roof, TANKLESS water-heater, new gutters & so much more. This property boasts endless opportunity with ADU/DADU zoning.

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!