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Updated over 2 years ago on . Most recent reply

User Stats

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

SFR Fix and Flip in Bellevue, WA

James Dainard
  • Real Estate Broker
  • Bellevue, WA
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $1,205,000
Cash invested: $67,200
Sale price: $1,990,000

Contributors:
Megan Halter

This quintessential classic Lakemont home offers refined modern updates! The corner lot house is nestled at the edge of a quiet and private cul de sac. Its grand entry draws you into the stunning formal living & dining with gorgeous windows which offer abundant natural light throughout the entire home. Enjoy the chef's kitchen complete with SS appliances including gas range, double oven, and all new shaker cabinets & quartz counters for ample storage.

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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