SFR Fix and Flip in Tacoma, WA

[James Dainard]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $410,000
Cash invested: $156,000
Sale price: $800,000

Contributors:
Dominic Turco, Megan Halter

Here is a gorgeous 1920’s remodeled home in one of the most desirable locations of North Tacoma. This thoughtfully designed open concept features 2,826 square feet home with lovely warm finishes, brand new kitchen with shaker cabs, quartz counters & SS appliances. Living room fireplace is gorgeously tiled while remaining true to the original charm. Look up and observe the gorgeous, exposed beams in dining room. There is additional flexible space with access to back deck.

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!