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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 University Place, WA

James Dainard
  • Real Estate Broker
  • Bellevue, WA
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $450,000
Cash invested: $108,000
Sale price: $710,000

Contributors:
Dominic Turco, Jennifer Haffner

Welcome to this beautifully updated home across the street from Chambers Bay Golf & Country Club. This home has sits on a very large lot with peek-a-boo water views from the second story. Walk through the dining room into the brand new kitchen featuring all new white shaker cabinets, quartz counters, SS appliances, tile backsplash and a large island. Primary bedroom features ensuite with full bath & double vanity with all new finishes and walk-in closet.

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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