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Updated about 2 years ago,
SFR Fix and Flip in Bellevue, WA
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $1,000,000
Cash invested: $138,000
Sale price: $1,889,000
Contributors:
John Whitney,
Katie Kepler
Live like you are at a 5-star hotel at this modern home in the sought after Lochmoor neighborhood. Lake and Mountain views & light-filled open spaces provide a dramatic presence. Gourmet chef's kitchen with sleek cabinets, state of the art appliances and waterfall island. Luxurious master with walk-in closet, spa-like ensuite bathroom and elegant fireplace. Entertainer's dream lower level with theatre room, contemporary wet bar and wine room. Multiple outdoor living spaces for relaxation.
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!