SFR Fix and Flip in Edmonds, WA

[James Dainard]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $775,000
Cash invested: $114,000
Sale price: $1,086,800

Contributors:
Garrett Quinn, Megan Halter

This impressive Picnic Point remodeled home is nestled in lush northwest surroundings! The open living space is at its finest with vaulted ceilings and fireplace with stacked stone from floor-to-ceiling. Brand new kitchen with gorgeous modern updates flowing into the dining room and French doors open to the expansive back deck for the entertainer's dream. Primary is located on main floor with ensuite ¾ bath featuring all new finishes. There are 2 additional bedrooms, and 1 full bath upstairs.

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!