SFR Fix and Flip in Renton, WA

[James Dainard]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $425,000
Cash invested: $54,000
Sale price: $725,000

Contributors:
John Whitney, Victoria Loder

Charming rambler located in desirable Renton Highlands Area. This rambler sits on a 9,090 sqft level lot, fully fenced. Master with remodeled 3/4 en-suite bath. Freshly stained hardwood floors throughout. Wood burning fireplace. Remodeled kitchen with new stainless appliances, quartz counter and tile backsplash. Large covered pergola with cedar carpentry, tons of light, TV and speaker hookups, great for outdoor entertaining. Tankless WH. Plenty of parking with gate available to back yard.

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!