SFR Fix and Flip in Edmonds, WA

[James Dainard]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $810,000
Cash invested: $151,200
Sale price: $1,185,000

Contributors:
Garrett Quinn, Katie Kepler

This home is UPGRADED TO PERFECTION & larger than it looks! This remodel features 4 bedrooms, including a primary ensuite, 2 ½ baths, family room & generous office, along with multipurpose media room. Brand new spacious kitchen complete with white Shaker cabinets, SS appliances, quartz counter tops & a peninsula bar. Step through the slider which leads to a sizeable deck & private fenced back yard. Additional upgrades include radiant heat system, new rich hardwood floors, new windows, new doors, new 30 year warranted roof, tank-less water heater which completes this top to bottom remodel. Home has a detached 2-car garage & additional driveway parking-room for RV & more! Easy walk to beach park, shopping, and fast freeway access all available in the excellent Edmonds schools.

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!