SFR Fix and Flip in Bellevue, WA

[James Dainard]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $950,000
Cash invested: $150,000
Sale price: $1,470,000

Contributors:
John Whitney, Victoria Loder

Welcome to this absolutely gorgeous, remodeled home in coveted Bellevue's Lake Hills! This home features all new roof, windows, flooring, doors, millwork and much more. Step in and see the vaulted room with exposed beam, new kitchen including stainless appliances, and French wooden doors to access the large back yard. Primary bedroom has private spacious deck, walk-in closet and 5 piece Master bath. 3 more spacious bedrooms are found on the upper floor with full bath and large bonus area which can be great for an office space. Lower level features finished room with exposed red brick, perfect for a movie room. Another bonus room and utility room has half bath. There is a 2 car deep attached garage plus extra space for shop or mancave. All this within walking distance to Lake Hills Village and Samena swim and recreational club.

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!