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Updated over 2 years ago on . Most recent reply

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James Dainard
  • Real Estate Broker
  • Bellevue, WA
1,894
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415
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SFR Fix and Flip in Snoqualmie, WA

James Dainard
  • Real Estate Broker
  • Bellevue, WA
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $430,000
Cash invested: $138,000
Sale price: $905,000

Contributors:
John Whitney, Victoria Loder

Here is a fully permitted, gorgeous remodeled home in the heart of Snoqualmie with majestic views of Mount Si! Step through the open floor concept with brand new kitchen, large island, and stainless steel appliances. Primary bedroom has large 3/4bath and walk-in closet. 2 more bedrooms are on the main, large upper bonus space and full bath. Home lot opportunities are endless, with double-sized lot, potential to subdivide & take advantage of the multi-use permitting.

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!

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