SFR Fix and Flip in Edmonds, WA
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $580,000
Cash invested: $120,000
Sale price: $899,950
Contributors:
Garrett Quinn,
Victoria Loder
Thoughtfully remodeled daylight rambler is now available in sought after Westgate neighborhood of Edmonds. Completely remodeled with contemporary finishes. Main floor feat. master with 3/4 en-suite, 2nd spacious bedroom, full bath, laundry room and large family room with wet-bar, kitchen with shaker cabinets, quartz counters and stainless appliances. Lower level has 2 more bedrooms and 3/4 bath , 2 bonus rooms and a second kitchen-fully equipped, another laundry room as well.
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!
