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Updated over 2 years ago,

User Stats

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

SFR Fix and Flip in in Burien, WA

James Dainard
Pro Member
  • Real Estate Broker
  • Bellevue, WA
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $415,000
Cash invested: $156,000
Sale price: $965,000

Contributors:
Jennifer Haffner

New Price on this Seahurst neighborhood home! Opportunity usually does not knock twice, but the new owner's situation has changed and this home is now available. Remodeled throughout, this home is on an extra large (18,500 sq ft) corner lot with valuable privacy and fenced on two sides. Huge detached garage over 1200 square feet. Nicely updated and upgraded with a full remodel done by the previous owner, Harden Homes LLC. Almost everything is new including: appliances, cabinets ,quartz counters.

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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