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Updated over 2 years ago on . Most recent reply

User Stats

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

SFR Fix and Flip in Seattle, WA

James Dainard
  • Real Estate Broker
  • Bellevue, WA
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $470,000
Cash invested: $180,000
Sale price: $819,950

Contributors:
John Whitney, Katie Kepler

Here is a classic Seattle Bungalow style home thoughtfully restored blending together transitional finishes & modern systems. This home is perched up with territorial views & mature trees creating privacy on each level. Fully permitted remodel down to the studs, with ALL new systems including new electrical, plumbing, insulation, Hot water heater, mini split ductless system for heating & cooling, new windows, siding & more!

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!

Most Popular Reply

User Stats

62
Posts
68
Votes
Michael Smythies
  • Real Estate Broker
  • Seattle, WA
68
Votes |
62
Posts
Michael Smythies
  • Real Estate Broker
  • Seattle, WA
Replied

I appreciate all the open information you provide. It would be incredibly helpful if you were able to provide more details regarding the listing itself, would love to see more photos. 

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