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Updated over 2 years ago,

User Stats

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

SFR Fix and Flip in G

James Dainard
Pro Member
  • Real Estate Broker
  • Bellevue, WA
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $200,000
Cash invested: $72,000
Sale price: $420,000

Contributors:
Dominic Turco, Victoria Loder

This is a Move In Ready Home in the private gated community of Lake Holiday. Featuring 3 bedrooms and 2 bathrooms, new paint interior/exterior, new laminate hardwood flooring and new carpet plus 12 feet vaulted ceiling throughout. Gorgeous brand new kitchen with white shaker cabinets, quartz counters and stainless appliances. The primary bedroom includes en-suite full bath with double vanity. This home has additional 2 more spacious bedrooms and full bath. Freshly landscaped large level lot with long driveway and plenty of parking. Large outbuilding in the back yard for plenty storage, welcome to your new spacious home!

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!