SFR Fix and Flip in Everett, WA

[James Dainard]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $280,000
Cash invested: $120,000
Sale price: $625,000

Contributors:
Garrett Quinn, Katie Kepler

This classic craftsman farmhouse is perfect for those that want out of the city yet remain close enough to all the city has to offer! Idyllic perched on just shy of an acre capturing amazing views of the valley and mountains. Open concept living w/ tall ceilings & large windows-allowing tons of natural light! Featuring updated electrical, new appliances, new interior/exterior paint, new millwork, & thoughtful finishes throughout. Three bedrooms & updated full bathroom.

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!