SFR Fix and Flip in Lake Forest Park, WA

[James Dainard]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $464,000
Cash invested: $108,000
Sale price: $1,100,000

Contributors:
Vlad Tselnik, Megan Halter

Stunning mid-century modern gem in lush park like setting! Floor-to-ceiling windows framing the gorgeous surroundings draw you to the main living and dining w tongue & groove ceilings and exposed beams, refinished orig hardwood flooring, impressive fireplace, and access to one of the many outdoor dreamy patio spaces. Brand new kitchen w modern updates incl cabinets, quartz counters, SS appliances, and marble surround. Office on main w tons of natural light plus half BA and master.

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!