SFR Fix and Flip in North Bend, WA

[James Dainard]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $475,000
Cash invested: $36,000
Sale price: $700,000

Contributors:
John Whitney, Victoria Loder

Extra large lot just 5ac shy living in North Bend! This remodeled newer manufactured home has 3 bedrooms and 2 baths with new laminate hardwood flooring throughout and brand new carpet! Brand new kitchen with shaker cabinets, quartz counters, and all stainless appliances. Large primary suite has walk-in closet and 5 piece bath! There are spacious 2 more bedrooms and full bath down the hall. There exist detached 16x20 finished dwelling, perfect for work-at-home situation, home gym or guest house.

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!